King George County was established in 1720 when land was split from Richmond County, Virginia. The county is named for King George I of Great Britain. It was substantially reorganized in 1776 and 1777, with land swapped with both Stafford and Westmoreland Counties to form the modern boundaries.
BREAKING DOWN 'The World Bank'. The World Bank was created at the end of World War II as a result of many European and Asian countries needing financing to fund reconstruction efforts.Created out of the Bretton Woods agreement of 1944, the Bank was successful in providing financing for these devastated countries.EFINITION of 'The World Bank'. An international organization dedicated to providing financing, advice and research to developing nations to aid their economic advancement. Next Up.
Many of their ideas become real world projects and programs that affect the lives of many people around the world. World Bank projects and programs are supposed to help people make their lives better, and to reduce poverty in the country. However, sometimes the World Bankâs projects cause harm to local people and the environment. For example, when the World Bank builds a dam on a river many people in the area nearby will have to move to make room for the dam. They will have to leave their homes and jobs, and find a new place to live and a new place to work. Sometimes, this is not easy.