Economy, asked by rajinder010778, 1 year ago

suppose swapna could not repay the loan due to the failure of the cross due to which she had to sell a part of the land to repay the loan has credits instead of helping her to improve earnings left her words of what is this situation called??? ​

Answers

Answered by MananH
7

The situation is called a Debt Trap.

In this situation, credit instead of helping a person leave that person worse off than Before.

Answered by yash9432
4
Credits instead of increasing swapna 's earning left her worse off. This led her to sell a part of her land due to which repayment of loan becomes difficult pushing her into a debt trap.
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