Social Sciences, asked by snehil8, 1 year ago

why do the cotton farmers have to borrow money? Give two reasons

Answers

Answered by mdurga7799p50yjg
1
Majority of farmers have small holdings of land. They need to do backbreaking work to get a good harvest of cotton. Picking cotton from cotton farm is a tough task. It takes many days to harvest cotton because all the cotton bolls do not burst at one go.

Cotton farming requires high levels of inputs; such as fertilisers and pesticides. Farmers often have to borrow money from the local traders for meeting these expenses.

The traders charge a high rate of interest. They also put a condition that the farmer would sell cotton only to that trader and not anywhere else. This forces a farmer to sell cotton at a price which is lower than the market rate.

Traders are powerful men in the villages. A farmer depends on such traders for money in exigencies; like illness, education, marriage, etc. Moreover, farmers also need to borrow money in order to survive during lean season.

Answered by sfaditya155
1
they need to do backbreaking work to get a good harvest of cotton. they have to borrow money for meeting expenses. They are poor people. they contribute money and distribute the profit come from that cotton.
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