U.S. Agency for International Development - USAID

Dictionary Says

Definition of 'U.S. Agency for International Development - USAID'

An independent federal agency of the United States that provides aid to citizens of foreign countries. Types of aid provided by USAID include disaster relief, technical assistance, poverty alleviation and economic development. The agency creates country-specific programs that provide tailored solutions based on individual needs. USAID is under the guidance of the Secretary of State.

Investopedia Says

Investopedia explains 'U.S. Agency for International Development - USAID'

Prior to the creation of USAID in 1961, the U.S. government operated a number of agencies designed to provide non-military aid to foreign governments in the wake of the Marshall Plan. President John F. Kennedy signed an executive order creating the agency, which required aid to foreign governments to be spent on goods and services provided by U.S. organizations and companies.



Articles Of Interest

  1. Nobel Winners Are Economic Prizes

    Before you try to profit from their theories, you should learn about the creators themselves.
  2. What Is The World Bank?

    You've heard of the World Bank, now find out how it functions and why some groups oppose it.
  3. Explaining The World Through Macroeconomic Analysis

    From unemployment and inflation to government policy, learn what macroeconomics measures and how it affects everyone.
  4. How Influential Economists Changed Our History

    Find out how these five groundbreaking thinkers laid our financial foundations.
  5. How do NGOs get funding?

    A non-governmental organization (NGO) is a non-profit, citizen-based group that functions independently of government. NGOs are organized on local, national and international levels to serve ...
  6. 5 Amazing Scientific Innovations That Affect Our Lives

    The list of scientific innovations is vast and includes advancements that affect us in areas such as communication, food, health and safety, technology, and transportation.
  7. How To Improve Your Leadership Skills

    Being a leader can help you in your career. Here are some tips for improving your leadership skills.
  8. GOP Vs. Democrats: Who's Best For America's Economy?

    Here's a look at the fiscal plans of past presidents and politicians that can be used to determine which political party is better for the bottom line of America's economy.
  9. The World's Strangest Currencies

    Here's a rundown of some of the stranger things people have used as currency over time.
  10. 5 Eurozone Acronyms Explained

    Confused by all of the new acronyms used by the media to describe the European debt crisis? We can help.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Network Effect

    A phenomenon whereby a good or service becomes more valuable when more people use it. The internet is a good example...
  2. Racketeering

    Racketeering refers to criminal activity that is performed to benefit an organization such as a crime syndicate. Examples of racketeering activity include...
  3. Lawful Money

    Any form of currency issued by the United States Treasury and not the Federal Reserve System, including gold and silver coins, Treasury notes, and Treasury bonds. Lawful money stands in contrast to fiat money, to which the government assigns value although it has no intrinsic value of its own and is not backed by reserves.
  4. Fast Market Rule

    A rule in the United Kingdom that permits market makers to trade outside quoted ranges, when an exchange determines that market movements are so sharp that quotes cannot be kept current.
  5. Absorption Rate

    The rate at which available homes are sold in a specific real estate market during a given time period.
  6. Yellow Sheets

    A United States bulletin that provides updated bid and ask prices as well as other information on over-the-counter (OTC) corporate bonds...
Trading Center