Question

how credit plays a positive roll​

Answer 1

Answer:

Credit plays a significant role in development, for most of the businesses, credit becomes essential for expansion at some time or the other. Without the credit, a small company cannot grow to become a bigger company. Farmers cannot go for large scale farming in the absence of credit facilities. The majority of people shall never be in a position to own houses or even buy cars without loans. Demand for these help in economic developments.

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Answer 2

Explanation:

credit refers to an agreement in which the lender supplies the borrower with money goods at service in return for the promise of future payment credit plays a vital and positive role as 1) credit helps people from all walks of Life in setting up their business increase their income and support their families