Economy, asked by Tanimaagrawal, 1 year ago

What is a debt trap ?

Answers

Answered by sujit21
2
Debt means loan debt trap means,If we take a loan,if we cannot clear it once,we will fall in a deep debt trap mainly farmers get to debt trap.
I hope it helps u .
Answered by garvitvirmani6
4
hello friend
debt trap is the situation when any man whether he is a farmer ,shopkeeper ,etc
take a loan and he is unable to pay later then he is in the painful situation where recovery is impossible..
hope it will help you...
thanks plz mark as brainliest..
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