‘Large farmers save for investment in capital whereas small farmers
borrow from moneylenders for future investment.’ Give examples from
the village of Palampur for the above statement.
Answers
Answered by
2
Explanation:
Most small farmers borrow money for the requirement of capital. They borrow money from large farmers or traders that they supply various raw materials for cultivation of land or moneylenders within the village. These moneylenders charge a high rate of interest on the amount borrowed.
Similar questions