Economy, asked by ahsadevi788, 7 months ago

Credit may be useful or may put the crediter into a dept trap?​

Answers

Answered by shaikumarkhaja
1

Answer:

here is ur answer..

Explanation:

creadit may be useful as it can create employment opportunities or help the small workers at the time of scarcity.Creadit may live to dept trap when the peasents or people who are unable to repay it due to their loss.

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