its very urgent please answer the question. with an example can you explain the role of credit for development?
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HEY MATE CREDIT PLAYS AN IMP. ROLE FOR DEVELOPMENT.
1. IT PROVIDE ECONOMIC FREEDOM TO PEOPLE .
2. BUSINESS MAN CAN TAKE CREDIT FOR BOOSINTING UP THEIR BUSINESS.
3. CREDIT AT LOW INTREST RATES HELP FARMER TO COME OVER THE DEBT TRAP AND SAVE A VITAL PART OF HIS EARNING.
THANK YOU.
PLZ MARK AS BRAINLIEST
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