For farmers and others who live in rural communities, a ______ loan may be available. one benefit of these loans is the option for a longer payback period.

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27-07-2022
Social Studies

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For farmers and others who live in rural communities, a ______ loan may be available. one benefit of these loans is the option for a longer payback period.

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shivanijain4931 shivanijain4931 · Answer 1 · 2022-08-03T08:58:02+02:00

For farmers and others who live in rural communities, a rural development loan may be available. one benefit of these loans is the option for a longer payback period.

Rural development is the process of improving the quality of life and economic well-being of people living in rural areas, often in relatively isolated and sparsely populated areas. Rural development has traditionally focused on developing land-intensive natural resources such as agriculture and forestry.

Rural development aims to improve livelihoods by implementing comprehensive development for rural areas where the majority of people live in poverty. Rural development also helps reduce urban poverty by reducing over-migration from rural areas.

Rural Development is an action plan for the economic and social development of rural areas.

Learn more about rural development here:https://brainly.com/question/16927480

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