Question

How market works more in the favour of merchant

Answer 1

In this way, the market works more in favour of the merchants. ... The arrangement between the merchant and the weavers is an example of putting-out system, putting-out system, whereby the merchant supplies the raw material and receives the finished product. It is prevalent in the weaving industry in most regions of India.

Answer 2

Answer:

At the cloth market, the merchants sell the cloth to the garment factories. In this way, the market works more in favour of the merchants. Weavers invest all their savings or borrow money at high interest rates to buy looms.

Explanation:

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