Economy, asked by spatel422, 1 year ago

What is debpt trap?

Answers

Answered by TheTotalDreamer
1
Hey,

A situation in which a debt is difficult or impossible to pay typically because high interest payments prevent re-payment of principal. 

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Answered by abhijatsinha2005
0

a situation in which a debt is difficult or impossible to repay, typically because high interest payments prevent repayment of the principal.
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