Economy, asked by Configuration, 1 year ago

What is debt trap? How does it lead to bonded labour?
(Class IX - Economics)

Answers

Answered by Shanaya90
1
Debt trap is a situation where you add on a new debt in order to pay an existing debt.Generally,when the firm is over leveraged,all the credit sources are exhausted,firm arrives at the situation of a debt trap
Configuration: Pls also tell how it leads to bonded labor?
Previous Question
Next Question
Similar questions
Social Sciences, 8 months ago
How was 'art'born in the palaeolithic period? ​
Physics, 8 months ago
Match the following. no.2 melting of wax no.3 boiling of water no.freezing of ice option a.solidification b. vaporization c . fusion answer​...
Math, 8 months ago
can anyone tell me answer of the these all questions please ​...
Science, 1 year ago
plz give me the answer of this question m not getting it I want from.u people!
Math, 1 year ago
What are the names of 5 drawf planets?
Geography, 1 year ago
Most Number of Women's Grand Slam Singles Title Winner Who won most numbers of women's grand slam singles title? A. Serena Williams B. Steffi Graf C. Margaret Court D. Venus Williams.
Geography, 1 year ago
World Population Day World population day is observed on ____________. A. 21st June B. 23rd July C. 11th June D. 11th July.
English, 1 year ago
Select the Option Having Grammatical Error The given sentence has been divided into 4 parts out of which a part may contain grammatical error. Select the option having grammatical error as answer else mark option 'e' as the answer. The tribesmen made offerings to placate the gods whom they believed were angry with them. a) The tribesmen made offerings to placate the gods b) Whom c) They believed...