Question

why is cheap and affordable credit important for the countryside development? explain any three reasons

Answer 1

Answer:

Cheap and affordable credit is crucial for the country's development due to the following factors: More lending would lead to higher incomes and encourage people to invest in agriculture, engage in business and set up small scale industries.

Answer 2

Answer:

Cheap and affordable credit is crucial for the country's development due to the following factors: More lending would lead to higher incomes and encourage people to invest in agriculture, engage in business and set up small scale industries.

Explanation:

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