i. Women are mostly employed in the Impex garment factory.
ii. The garment exporting factory exports the shirts to foreign buyers.
iii. A chain of markets links the producer of cotton to the buyer at the supermarket.
iv. The foreign businessperson made huge profits in the market.
i. The trader keeps an account of the yarn given and pays them money for weaving this into cloth. True
ii. Most often, the big farmers need to borrow money to meet their expenses. False
iii. The weavers and their families spend long hours working on the looms. True
iv. Cultivation of cotton requires high levels of inputs such as fertilisers and pesticides. True
Ans. They were set up for the benefit of its members.
Ans. Weavers are dependent on cloth merchants both for raw materials and markets.
Ans. No, Swapna did not get a fair price on the cotton because local trader paid her low price.
Ans. Swapna was a small farmer in Kurnool (Andhra Pradesh) and grows cotton on her small piece of land.
Ans. Swapna had borrowed money from the trader to buy seeds, fertilisers, pesticides for cultivation.
Ans. They are employed as helpers for thread cutting, buttoning, ironing and packaging.
Ans. He agreed to give loan to Swapna on a condition that she would sell all her cotton to him.
Ans. They maximise their own profits by getting maximum work from workers at lowest price and supply the foreign buyers at cheap rates.
Ans. Women are employed in the Impex garment factory because they agree to work even at the lowest possible wages.
Ans. It is an arrangement between the merchant and the weavers whereby the merchant supplies the raw material and receives the finished product. It is prevalent in the weaving industry in most regions of India.
Ans. Business person do business strictly on their own terms. They demand the lowest prices from the supplier and sells at higher rate to high income group.
Ans. The trader had lent Swapna money at the beginning of the cropping season on a condition that she would sell all her cotton to him. Thus, Swapna was in his grip. The trader took advantage of this situation and paid her a low price.
Ans. The merchant distributes work among the weavers based on the orders he has received for cloth. The weavers get the yarn from the merchant and supply him the cloth. However, this dependence on the merchants both for raw materials and markets means that the merchants have a lot of power.
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