What is debt - trap? How do the small farmers fall into it?
Answers
Ans= dept mean when u take loan or money with someone. the small farmer is fall in dept because they have less land that why the grow less crop and this crop is fullfill their family needs so they do not get much money for buying seeds for nextyear and they take loan from big farmer so they are toatlly get falled in it.
Answer:
The situation in which a person (according to ur question farmer) was unable to pay back the loan or unable to pay the interest to the (bank or money lender) then it is called debt trap
Explanation:
small farmers usually gets loan from money lenders or cooperative bank for the production of yield. when those crops face destruction due to natural calamities or due to low rainfall, the farmers won't able to get profit. so they were unable to pay the loan.