Question # 1724

[BrightenK346]

Can someone please explain this?

Board advisor: The philosophy and practice of microlending has demonstrated remarkable economic results in developing nations. This board has been hesitant in the past to donate money to this seemingly counterintuitive practice. However, it is now clear that we should vote to back microlending ventures. Lending small sums to encourage extremely small businesses in developing nations is not just a socially beneficial practice, but also a financially sound practice.

Which of the following is mentioned in support of the main conclusion?

Microlending leads to positive social outcomes.
or
Microlending develops economies that might not otherwise be able to develop.

Thanks!

[ohthatpatrick]

First, we should decide on the conclusion.

Board advisor: The philosophy and practice of microlending has demonstrated remarkable economic results in developing nations. This board has been hesitant in the past to donate money to this seemingly counterintuitive practice. However, it is now clear that we should vote to back microlending ventures. Lending small sums to encourage extremely small businesses in developing nations is not just a socially beneficial practice, but also a financially sound practice.

"It is clear that" is a frequent conclusion trigger.

We can tell this is our author's opinion, and it's supported.
why should we back microlending ventures?

because ....
1. microlending has had great $ results in developing nations
2. it's a socially beneficial practice
3. it's a financially sound practice

Which of the following is mentioned in support of the main conclusion?
A) Microlending leads to positive social outcomes. (kinda sounds like #2)
B) Microlending develops economies that might not otherwise be able to develop. (kinda sounds like #1)

I would scrutinize the language of each and say that
"socially beneficial practice" = "leads to positive social outcomes"

Whereas
"had great econ results in developing nations" ≠ "developed economies that might not otherwise have developed?"

That phrasing seems too distant, so I would pick the 1st choice.

Hope that helps (and hope that's right)