What is meant by the term bonded labour??
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Explanation:
Peonage, also known as debt slavery or bonded labour, is the pledge of a person's services as security for the repayment for a debt or other obligation, where the terms of the repayment are not clearly or reasonably stated, and the person who is holding the debt thus has some control over the laborer.
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Bonded labor is when people give themselves into slavery as security against a loan or when they inherit a debt from a relative.
It is designed to exploit workers.
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