Social Sciences, asked by harshitgoyal633, 8 months ago

explain the dept trap faced by the peasants while borrowing money from money lenders​

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Answered by Anonymous
1

Answer:

 \huge \star \bold \purple{heya \: mate}

Problems faced by small farmers

The process of getting loans from the banks is very lengthy. Sometimes banks doesn't provide the required amount of loan needed. Moreover the banks charges high amount of interests . Apart from that the small farmers cannot provide sufficient security to banks.No

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