10th Class Social Science Money and Credit

  • question_answer 6) Fill the following table.  
      Salim Swapna
    Why did they need credit? What was the risk? What was the outcome?    
     

    Answer:

     

      Salim Swapna
    Why did they need credit?   To meet the working capital needs. To meet the expenses of cultivation.
    What was the risk? No or little unknown risk. Risk of crop failure.
    What was the outcome? Supplied the orders, earned profits and repaid the loans. Crop failed; found herself in the debt trap.
     

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