Economy, asked by pranavk10, 8 months ago

Suppose Swapna could not repay the loan due to the failure of the crops.

due to which she had to sell a part of the land a repay the loan. Here,

credit instead of helping her to improve earnings, left her worse off. What

is this situation called?.

Answers

Answered by shruti8157

1

This situation is known as DEPT TRAP.

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