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How can we defend dept trap??

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How can we defend dept trap??

Posted by Lucifer??Morningstar?? . 5 years, 7 months ago

CBSE > Class 10 > Social Science

2 answers

Anushka ???? 5 years, 7 months ago

By taking loan from formal banks not from landlords or from money lenders

Yogita Ingle 5 years, 7 months ago

The farmers take crop loans at the beginning of the season and repay the loan after harvest. When the farmer’s income is not sufficient to repay the credit or fail to repay the credit, a part of land is sold to repay the credit. It is a situation called debt-trap.

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