Question

What is the unique role of credit in a nation's development study rankers?

Answer 1

Oh yeah

I ll get 13 points
Oh yeah
Oh yeah

Answer 2

Explanation:

Credit plays a vital role in economic growth and development.

Credit availability at cheaper rates of interest encourages the business or firms to borrow more.

Borrowing more money will facilitate the growth of business or increase in production in the economy.

So, credit supply is the key factor for economic development.