IDNStudy.com, kung saan ang iyong mga tanong ay natutugunan ng mga maaasahang sagot. Magtanong ng anumang bagay at makatanggap ng agarang tugon mula sa aming dedikadong komunidad ng mga eksperto.
Answer:
Credit is important in the economy because it facilitates borrowing and lending, which promotes investment, stimulates economic growth, and supports consumption. It enables businesses to expand and individuals to make significant purchases, thereby driving economic activity and development.