World Economic Forum was founded in which year?
Correct answer: A. January 1971
- A. January 1971
- B. December 1981
- C. February 1991
- D. None of these
Explanation
Klaus Schwab founded the World Economic Forum in January 1971, initially under the name European Management Forum. The December 1981 and February 1991 dates do not correspond to its founding.
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About Summits and Conferences
Summits and conferences bring national leaders, ministers or international organisations together to negotiate shared positions on security, climate, trade, development and regional cooperation. The subject includes the host country, participants, agenda, declarations, agreements and outcomes, while distinguishing a formal summit from a ministerial meeting or recurring international forum.
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