In contrast to international development efforts in most of the 20th century, more recent projects like microfinance, microcredit, and cash transfers in the last few decades represent a major shift. That is because these recent projects are

A) all sponsored by local governments.
B) done through the United Nations.
C) launched by universities and colleges.
D) focused on giving direct aid to poor individuals.

Microfinance

Financial services provided to low-income individuals or groups who typically lack access to traditional banking services.

Cash Transfers

Direct payments given to individuals or households, typically by the government, to reduce poverty or provide social assistance.

Direct Aid

Financial or material support provided directly to individuals, organizations, or countries in need, often aimed at alleviating poverty or addressing emergencies.