Problem
1. Arguments for subsidizing small loans have long been made. Can you make similar cases for subsidizing micro saving? On grounds of equity? On grounds of enhancing efficiency? Do the arguments you make seem more or less persuasive than the arguments for subsidizing credit?
2. Explain briefly two reasons as to why it is nearly impossible for individuals living in rural areas to find effective crop insurance.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.