Question

What are the roles of credit for economic development?​

Answer 1

When credit grows, consumers can borrow and spend more, and enterprises can borrow and invest more. A rise of consumption and investments creates jobs and leads to a growth of both income and profit. Furthermore, the expansion of credit influences also the price of assets, thereby increasing their netto value.

please make me brainliest answer..

Answer 2

Answer:

When credit grows, consumers can borrow and spend more, and enterprises can borrow and invest more. A rise of consumption and investments creates jobs and leads to a growth of both income and profit. Furthermore, the expansion of credit influences also the price of assets, thereby increasing their netto value.

Explanation:

I hope it will help you

Drop some thx

And foll ow me plz

Thank you :)