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Choose the statement as true/false:

Foreign business people made big gains in the market, while farmers earned the bare minimum?

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Detailed Solution

The above statement is true.
Foreign business people made significant gains in the market, while farmers earned the bare minimum.
The exporter of clothing realised only a little revenue. On the other hand, the employees at the factory that produces clothing for export barely make enough money to meet their basic needs. We observed the tiny cotton farmer and weaver in Erode working hard for several hours similarly. However, they did not receive a fair price for their goods on the market. The dealers or merchants occupy the middle ground. Although they made more money than weavers, they were still far behind exporters in terms of income.

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Choose the statement as true/false:Foreign business people made big gains in the market, while farmers earned the bare minimum?