Elucidate why small farmers get caught in debt
Answers
Answered by
11
due to poverty small farmers have deficit of money in their financial condition to recover that lack of money they take debt from moneylenders and ensure them to pay with correct amount of interest as time passes they caught in more and more money debt that's why they became unable to pay the taken amount with same amount of interest to the moneylenders.
hope it helped
mark as brainliest.....
Answered by
6
Answer:
●Here is your answer ●
The small farmer being in debt because they have only 1 hectare of small field in which they can't cultivate their land . And if you want to cultivate the small land so you have to use modern farming method that is HYV (High Yielding Variety). So they have to take debt from the moneylenders or large farmers. So by this way they are in debt.
Similar questions