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Weaver's _____ are one way to reduce the dependence on the merchant and to earn a higher income for the weavers.
  • a)
    Traders
  • b)
    Company
  • c)
    Cooperatives
  • d)
    Partnership
Correct answer is option 'C'. Can you explain this answer?
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Weavers _____ are one way to reduce the dependence on the merchant and...
Cooperatives: A Way to Reduce Dependence on Merchants and Increase Income for Weavers

Weavers in India have been traditionally dependent on merchants to sell their products. This has often resulted in exploitation of weavers, who have been paid low wages for their hard work. However, cooperatives have emerged as a way to reduce this dependence on merchants and to earn a higher income for the weavers.

What are Cooperatives?

Cooperatives are organizations that are owned and run by their members. They operate on the principle of mutual help and benefit. In the context of weaving, cooperatives are formed by weavers themselves, who come together to pool their resources and skills.

How do Cooperatives Help Weavers?

Cooperatives can help weavers in several ways:

1. Direct Sales: Cooperatives can directly sell the products made by the weavers, bypassing the middlemen. This can result in higher prices for the weavers' products and hence higher income.

2. Access to Markets: Cooperatives can help weavers access new markets, both within India and abroad. This can result in increased demand for their products and hence higher income.

3. Training and Support: Cooperatives can provide training and support to weavers in areas such as design, quality control, and marketing. This can help weavers improve the quality of their products and hence increase their income.

4. Collective Bargaining: Cooperatives can help weavers negotiate better prices for their products by collectively bargaining with buyers. This can result in higher income for the weavers.

Conclusion:

Cooperatives have emerged as a way to reduce the dependence of weavers on merchants and to earn a higher income for their hard work. By pooling their resources and skills, weavers can directly sell their products, access new markets, receive training and support, and negotiate better prices. Cooperatives are a win-win solution for both weavers and buyers, as they result in high-quality products at fair prices.
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Weavers _____ are one way to reduce the dependence on the merchant and...
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Weavers _____ are one way to reduce the dependence on the merchant and to earn a higher income for the weavers.a)Tradersb)Companyc)Cooperativesd)PartnershipCorrect answer is option 'C'. Can you explain this answer?
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