Social Sciences, asked by elsajogy4658, 6 months ago

Explain the importance of credit for development of the country? answer

Answers

Answered by Anonymous
1

Answer:

here's ur answer dude

Explanation:

Credit plays a crucial role in a country's development. By sanctioning loans to developing industries and trade, banks provide them with the necessary aid for improvement. This leads to increased production, employment and profits.

hope to see

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