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Q.

Choose the statement as true/false:

Weaver’s cooperative helps in earning high income for the weavers?

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a

True

b

False

answer is A.

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Detailed Solution

The above statement is true.
Weaver’s cooperative helps in earning high income for the weavers.
Exploiting the weavers by the merchants leads them to live a deplorable life. The merchants make them work for maximum hours at the lowest cost. The putting-out system is one reason for the weavers' poor living conditions. The putting-out arrangement gives the merchants an advantage, and the weaver has the least to say. Therefore, the significance of the weaver's cooperative comes into play. In a cooperative, people with similar occupations form their group to fulfil their interests.

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