Economy, asked by vidhisharma5682, 11 months ago

A 'debt trap' means: (a) inability to repay credit amount
(b) ability to pay credit amount
(d) none of these
(c) overspending till no money is left​

Answers

Answered by sidmiphone
2

Answer:

inability to repay credit amount

Answered by utkarshgupta217
1

Answer:

(a) inability to repay credit amount

Explanation:

'Debt trap' actually refers to a situation where you are carrying a debt, and you are unable to repay the credit amount and you have no other source of money but carry on taking loans, as result, increasing your debt.

hope you understood ;)

Similar questions