lifex716 lifex716
  • 15-09-2019
  • Geography
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analyze the role of credit for development​

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liliane76
liliane76 liliane76
  • 15-09-2019

Answer:

Development is sustained by a proper credit policy. By giving loans to agriculture, industry and trade, banks provide them with the necessary funds for carrying on their business without problems relating to finance. This results in increased production and services, more employment and profits. Hope this helps

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