aid Flashcards
1
Q
What is aid?
A
The movement of money and/or resources from one place to another in order to help the receiver
2
Q
What’s the aim of aid?
A
To improve a countries standard of living
3
Q
What is Emergency aid?
A
Money or goods given at time of dire need
4
Q
What is tied aid?
A
Foreign aid that must be used in the donor country to buy goods and service from the country giving the aid
5
Q
What’s Bilateral aid?
A
Aid from one country to another
6
Q
What is bottom-up aid?
A
Development projects that start and work from the ‘grass-roots’ level
7
Q
What are problems with aid?
A
Doesnt lead to any empowerment, corruption
