Social Sciences, asked by himanshimaan888, 7 months ago

When does the credit/loan put the borrower into a virtuous cycle of prosperity?
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Answered by ritika134

Answer:

Educated parents invest more heavily on the education of their child. This is because they have realized the importance of education as they themselves are educated. They are also conscious of proper nutrition and hygiene. ... In is way a virtuous cycle is created by the educated parents

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