What was the role of the moneylender in impoverishing the peasantry?
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The moneylender charged high rates of interest and through cunning and deceitful measures, such as false accounting, forged signatures and making the debtor sign for larger amounts than he had borrowed, got the peasant deeper and deeper into debt till he parted with his land.
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3
Answer:
The moneylender charged high rates of interest and through cunning and deceitful measures, such as false accounting, forged signatures and making the debtor sign for larger amounts than he had borrowed, got the peasant deeper and deeper into debt till he parted with his land.
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