Why is cheap and affordable credit important for the country’s development? Give three reasons.
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Hi mate
More lending would lead to higher incomes and encourage people to invest in agriculture, engage in business and set up small scale industries.and hence, cheap and affordable credit is important for the country's development...
hope it helps you...
More lending would lead to higher incomes and encourage people to invest in agriculture, engage in business and set up small scale industries.and hence, cheap and affordable credit is important for the country's development...
hope it helps you...
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