What is the role of the World Bank?

The role of the World Bank is centered around assisting poorer nations with economic development. Established in 1944, the primary focus of the World Bank is to reduce poverty and support development by providing financial and technical support to developing countries. It aims to foster sustainable economic growth that alleviates poverty and improves living standards.

The World Bank achieves this by offering loans and grants for various development projects, including infrastructure, education, health, and agriculture, ensuring that these nations can build their economies and provide for their citizens. This approach helps create a stable environment for growth and development, which is crucial for lifting nations out of poverty.

While the other options may touch upon important issues or responsibilities within the international community, they do not accurately reflect the primary mission and function of the World Bank. For instance, the organization does not focus on military enhancement, the protection of wealthy nations, or the enforcement of labor practices, which are beyond its core objectives and functions.