History, asked by krishnasajeev2317, 1 year ago

Why is cheap and affordable credit important for country development write any three reasons

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Answered by yosoms2003
0

Cheap nd affordable credit is crucial for country's development due to the following reasons:

A. If cheap nd affordable credit is provided to the poor people like farmers then their condition will get improved. They will be able to rum their family nd increase their business.

B. More nd more people will get influenced nd grow crops nd sucide rates will get decreased.

C. Like in the example of Salim a shoemakes he was able to make good profit. In the same way many other small scale industrialist nd businessman will get profit.

Answered by pranay0144
21

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