Economy, asked by pikup7345, 7 hours ago

Small farmer: Debt trap Medium farmer…………………………………

Answers

Answered by NitinMNRC

Answer:

Explanation:

Farmers usually take crop loans at the beginning of the season and repay the loan after harvest. ... So, the farmers have to sell a part of their land to repay the loan. Credit in such a condition pushes the borrowers into a situation from which recovery is painful and they get into the debt trap.

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