How do cloth merchants gain a lot of power?
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4
Answer:
A shirt that is available for sale in the market has a long ‘journey’- right from the production of cotton to the buyer in the supermarket. There is a chain of markets involved in this ‘journey’ with buying and selling taking place at every step.
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2
Answer:
Merchants had a lot of power.
a) They give orders to the weavers for what is supposed to be made as per the order.
b) They pay a very low price to the weavers for making the cloths. c) The weavers do not have any idea for whom are they making the cloth or at
what price it will be sold. d) At the cloth market, the merchants sell the cloth to the garment factories at better prices.
Thus, the markets make them very powerful..
hope it's helpful buddy..!
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