Social Sciences, asked by genius76, 1 year ago

how does credit help us in increasing our earning

Answers

Answered by beulahE7
7
Credits help to meet the working capital needs of production.

The credit helps to meet the ongoing expenses of production, complete production on time, and thereby increase earnings.

In rural areas people take credit to improve crop production. This increases their yield thereby increasing their earnings.

Hope this helps!!

genius76: thanks for my help
beulahE7: You’re welcome!!:)
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