Question

why are cheap and affordable credit important for the country's development

Answer 1

Cheap and affordable credits play a very important role in our country's development in the following ways-1)credit helps to increase earning and therefore the person is better off then before.

2) credits apps to increase money as well as capital for the future.

3) credit helps in development of infrastructure of a society that leads to overall development of a country.

Answer 2

Answer:

ᴀs ᴍᴇᴛᴀʟ ᴄᴏᴍᴘᴏᴜɴᴅ ʀᴇʟᴇᴀsᴇᴅ ɪs ᴄᴀʟᴄɪᴜᴍ ᴄʜʟᴏʀɪᴅᴇ ᴛʜᴇ ɢᴀs ᴇᴠᴏʟᴠᴇᴅ ʜᴇʀᴇ ɪs ᴄᴏ. ʜᴇɴᴄᴇ ᴍᴇᴛᴀʟ ᴀ sʜᴏᴜʟᴅ ʙᴇ ᴄᴀʟᴄɪᴜᴍ ᴄᴀʀʙᴏɴᴀᴛᴇ. ʜᴇɴᴄᴇ ᴛʜᴇ ʀᴇᴀᴄᴛɪᴏɴ ʙᴇᴛᴡᴇᴇɴ ᴄᴀʟᴄɪᴜᴍ ᴄᴀʀʙᴏɴᴀᴛᴇ ᴀɴᴅ ʜᴄʟ ɪs

ᴄᴀᴄᴏ (s) + ʜᴄʟ (ᴀǫ) → ᴄᴀᴄʟ( ᴀǫ) + ᴄᴏ (ɢ) + ʜᴏ (ʟ)