The World, Explained · 45 sec
World Bank Group
A small piece of context that makes the wider world easier to read.
The useful idea
- The useful idea
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries.
- How it works
The group is the largest development bank in the world.
- Why it matters
It is headquartered in Washington, D.C., United States.
Why this matters
Use World Bank Group as context when interpreting events and claims about the world.
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Use World Bank Group as context when interpreting events and claims about the world.
Test your recall
Which idea belongs to the explanation of World Bank Group?
- The useful idea — correct
- How it works
- Why it matters
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries.