cheap and affordable credit is crucial for country's development explain
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Cheap and affordable credit is crucial for the country's development due to the following factors: ... Cheap credit means more income would be left with the borrower to reinvest rather than return as interest. This leads to acceleration of economic activity.
Explanation:
Answered by
2
Explanation:
Cheap and affordable credit is crucial for the country's development due to the following factors: ... Cheap credit means more income would be left with the borrower to reinvest rather than return as interest. This leads to acceleration of economic activity.
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