Question

In the market activity the putting out system is an arrangement between,

Wavers and merchants

Weavers and garment exporters

Weavers and foreign businessmen

None of the above

Other:- ____________

Class 7 cbse social science​

Answer 1

Answer:

The arrangement between the merchant and the weavers is an example of 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.