answer the questions fast now only
Answers
Answer:
Q1 1. Ginning Mill : A factory where seeds are removed from cotton bolls. The cotton is pressed into bales to be sent for spinning into thread.
2.Exporter : A person, country, or company that sends goods or services to another country for sale.
3.Profit : financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
4.Market : regular gathering of people for the purchase and sale of provisions, livestock, and other commodities.
5.Merchant's : person or company involved in wholesale trade, especially one dealing with foreign countries or supplying goods to a particular trade.
Ques 2
•Putting Out system : domestic system, also called putting-out system, production system widespread in 17th-century western Europe in which merchant-employers “put out” materials to rural producers who usually worked in their homes but sometimes laboured in workshops or in turn put out work to others.
•The advantages of this system were that workers involved could work at their own speed while at home, and children working in the system were better treated than they would have been in the factory system, although the homes were polluted by the toxins from the raw materials
Ques 3
Erode's bi-weekly cloth market in Tamil Nadu is one of the largest cloth markets in the world.
Weavers are dependent on cloth merchant because: Weavers bringing cloth that has been made on order from the merchant. Merchants supply cloth on order to garment manufacturers and exporters around the country. They purchase the yarn and give instructions to the weavers about the kind of cloth that is to be made.
Ques 4
The merchant distributes both work and yarn among the weavers based on the orders he has received for cloth. This dependence on the merchants both for raw materials and markets means that the merchants have a lot of power.
Ques 5
The weaver's cooperatives help the weavers to earn a higher income and reduce their dependence on the merchant. In a weaver's cooperative, the weavers form a group and collectively initiate some activities. These activities include: Procurement of yarn from the yarn dealer.
In a cooperative people with common interests come together and work for their mutual benefit. In a weaver's cooperative, the weavers form a group and take up certain activities collectively.
Ques 6
They demand the lowest prices from the garment exporters. They set high standards for quality of production and timely delivery. Any defects or delays in delivery in dealt with strictly. The garment exporters agree to these demands because they are able to gain maximum profits even after that.
Ques 7
Explanation:It usually rich and powerful that gets the maximum earnings from the market. These are the people who have money and own the factories, the large shops, large land holding, etc. The poor have to depend on the rich and the powerful for various things.
Mark as Brainliest if it helps you ..
thanq !!