What are the effects of debt trap?Give five points.

1.	What are the effects of debt trap?Give five points.
Answer» g align="ABSMIDDLE" alt="\huge\bf\blue{Answer:-}" class="latex-formula" id="TexFormula1" src="https://tex.z-dn.net/?f=%5Chuge%5Cbf%5Cblue%7BAnswer%3A-%7D" title="\huge\bf\blue{Answer:-}"> HIGH levels of personal debt are a RISK to the wider economy and to local businesses, but they also have severe human consequences. The debt trap leads to increased poverty, deprivation, stress, and anxiety.

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HIGH levels of personal debt are a RISK to the wider economy and to local businesses, but they also have severe human consequences. The debt trap leads to increased poverty, deprivation, stress, and anxiety.

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What are the effects of debt trap?Give five points.

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