Th4.3: ^^ Access to Credit and Banking

Question 1

What do developing countries have little access to in comparison to developed countries?

Answer 1

little access to credit and banking

Question 2

What does developing countries little access to credit and banking mean?

Answer 2

those in developing countries cannot access funds for investment and they struggle to save for the future

Question 3

What may some families use?

Answer 3

loan sharks, who give high interest rates and leave individuals permanently in debt