Science, asked by abhisatav9105, 7 months ago

How did the moneylenders exploit the tribal people​

Answers

Answered by ranjitasingh2005
2

Tribal groups often needed to buy and sell in order to be able to get the goods that were not produced within the locality. This led to their dependence on traders and moneylenders. Traders came around with things for sale. They sold the goods at high prices.

Moneylenders used to give loans with which the tribals met their cash needs, adding to what they earned. But the interest charged on the loans was very high. Thus, both traders and moneylenders always exploited the tribal people. It is therefore the tribals- saw them as evil outsiders and the cause of their misery

Answered by harapriyamurmu3
2

Answer:

The traders and moneylenders would exploit the tribals by selling goods at high rates and demanding high interest on the loans. For meeting their cash needs they would take loans from the moneylenders who charge high-interest rates.

Similar questions