Economy, asked by abhijit4533, 10 months ago

Why do small farmers get trapped in the circle of debt ?????

Answers

Answered by awesome58
6

Answer:

1. They take loans before sowing season as various costs such as that of seeds , machinery etc. exist.

2. If their crops fail, they do not receive any money.

3. Further they are pressurised by the moneylenders to repay the loans for which they are forced to take another loan.

4. The cycle continues and the get trapped in the vicious cycle of debt.

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