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Describe the role of credit with …

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Describe the role of credit with example

Posted by Priyanshu Singh 6 years, 11 months ago

CBSE > Class 10 > Social Science

1 answers

Anshika / U Can Call Me Alien ????? 6 years, 11 months ago

Credit plays a significant role in development, for most of the businesses, credit becomes essential for expansion at some time or the other. Without the credit, a small company cannot grow to become a bigger company. Farmers cannot go for large scale farming in the absence of credit facilities. The majority of people shall never be in a position to own houses or even buy cars without loans. Demand for these help in economy development.

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CBSE > Class 10 > Social Science