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From course:

Economics A Level (DONEEEEEEE)

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Question:

How can the Lack of Credit restrict Economic Growth?

Author: eric_galvao



Answer:

-Firms with little Credit will be less likely to Grow and thus provide Less Jobs. The Lack of Financial Injection means no Big-Ticket Investments can be done -This is Common in Underdeveloped Nations, or even Developing Nations, where the Financial Sector is Weak


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