World Bank

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/world-bank

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. When was World Bank built?July 1, 1944
2. What is the number of member countries?189 countries
3. What is the key institutions?IBRD (International Bank for Reconstruction and Development) and IDA (International Development Association)
4. When was the World Bank created?It was started in 1944 during the Bretton Woods Conference after World II to help rebuild war‑torn countries.
5. How does the World Bank help countries?It gives loans and grants, especially to poorer countries, and shares research and advice so governments can plan projects like roads, schools, and health services.

Bretton Woods Conference: A 1944 meeting that established the post-war international economic order, creating the IMF and World Bank.
Concessional Loans: Loans offered on favorable terms, with lower interest rates and longer repayment periods, typically for developing countries.
Human Capital: The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.