State whether it is true or false.

Weaver's cooperatives are one way to reduce the dependence on the merchant.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
Weaver's cooperatives are one strategy to lessen reliance on merchants while increasing weavers' income. People with similar interests form a cooperative and work together for their mutual gain. Weavers join a group and take on some activities collectively in a weaver's cooperative. They obtain yarn from a yarn supplier and supply it to weavers. The cooperative is also in charge of marketing. As a result, the merchant's role is diminished, and weavers receive a fair price for their cloth. The government occasionally assists cooperatives by purchasing cloth from them at a reasonable price. The Tamil Nadu government, for example, offers a Free School Uniform initiative in the state.

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