Question

credit played a positive role in salim's life. on similar lines, find out how credit has played a constructive role in the lives of people around you-your family, relatives, etc.​

Answer 1

Examples of positive impacts of credit in the lives of people around me

Explanation:

• There was a family in my neighborhood that used to struggle with their basic necessities of life. Their only source of income was a stall of food items. They used credit to expand their business and raised their standard of living.

• Another example is of a family that had only one kid who was very sharp in studies but they could not afford his studies. They used credit for his study and that person became a civil servant. Now, he is helping other children with education.

See similar question from the link below

https://brainly.in/question/19384799

Answer 2

Explanation:

Credit is important as it is directly related to one's financial status. Credit can be used to meet the necesseties of life.

For example, there was a family who was not so financially well positioned. One day, the earning hand of the house, the father met an accident and the family went into deep crisis as they didnt have money for medical treatment. Luckily some of their relative gave them some money or credit and they were able to come out of this situation