Question

"Cheap and affordable credit is crucial for the development of country." Why?

Answer 1

Hello ,

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cheap and affordable credit played a important role in development because :-

# credit helps the people to purchase houses , food , car , TV and radio etc

# credit helps the businessmen to expand their business

# in rural areas the main demand of credit is for crop production

# it helps in increasing earning

credit helps in the development of agriculture sector manufacturing and service sector

# it improves our standard of living

thus , we can say that cheap and affordable credit played a important role in development

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Answer 2

Explanation:

Explanation:Hey mate i will help u and

Explanation:Hey mate i will help u and Refers with attachments