Question

answer the following 1. why did the farmer in india become bankrupt ​

Answer 1

Answer:

For payment of taxes, Indian farmers started selling the crops at whatever price it received. The merchants and brokers started purchasing their goods at a minimum rate. At certain times the farmer had to mortgage his land to the money lender for arrangement of money to pay the tax. Hence, farmers became bankrupt.

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Answer 2

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For payment of taxes,Indianfarmers started selling the crops at whatever price it received. The merchants and brokers started purchasing their goods at minimum rate. At certain times the farmer had to mortgage his land to the money lender for arrangement of money to pay the tax. Hence, farmer became bankrupt