Question

what is credit give two examples to show that credit may be beneficial or may not be beneficial​

Answer 1

Answer:credit is the process of intake of money and others valuable thing .

It is beneficial for rich as well as poor people who don't have money and they want to do something .

But in Case of small farmers it is very risky because it is not always sure that his crop will perfect and due to this sometimes it becomes difficult for them to repay.

Explanation: