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What made Swapna sell the cotton to the trader instead of selling at the Kurnool cotton market?
Swapna sold the cotton to the trader instead of selling it at the Kurnool market because she had borrowed Rs. 2,500 from him on the condition that she would sell her cotton to him.
Describe the conditions of employment as well as the wages of workers in the garment exporting factory. Do you think the workers get a fair deal?
The workers are made to work for long hours at the garment exporting company. They are kept at a temporary basis and can lose their job if the employer feels that they are not needed. The workers are paid low wages. They do not get a fair deal as they do not have job security and their wages are low.
Think of something common that we use. It could be sugar, tea, milk, pen, paper, pencil, etc. Discuss through what chain of markets this reaches you. Can you think of the people that help in the production or trade?
Attempt this question on your own.
Arrange the statements given alongside in the correct order and then fill in the numbers in the cotton bolls accordingly. The first two have already been done for you.
1. Swapna sells the cotton to the trader.
2. Customers buy these shirts in a supermarket.
3. Trader sells cotton to the Ginning Mill.
4. Garment exporters buy the cloth from merchants for making shirts.
5. Yarn dealers or merchants give the yarn to the weavers.
6. The exporter sells shirts to the businessperson from the USA.
7. Spinning mill buys the cotton and sells yarn to the yarn dealers.
8. Weavers return with the cloth.
9. Ginning mill cleans the cotton and makes it into bales.