Question

Credit has its own unique role in development.justufy with arguements.
No span no Weng and if whoever will give spam he would just meet me in inbox.b careful

Answer 1

Credit is an agreement between the borrowers and lenders. In this the borrowers promise the lenders to pay them in future for the goods and services taken.
1. Cheap and affordable credit leads to people borrowing cheaply for many reasons.

2. People who have taken the loan or credit could start a new business and it leads to higher incomes.

3. These also helps in the development of the country as people will start new businesses.

Hope this helps:)

Answer 2

1. Cheap and affordable credit leads to people borrowing cheaply for many reasons.

2. People who have taken the loan or credit could start a new business and it leads to higher incomes.

3. These also helps in the development of the country as people will start new businesses.