A SHIRT IN THE MARKET.pptx

A SHIRT IN THE MARKET.pptx

• 1.
  Chapter 9 -A Shirt in the Market Class 7 - Social And Political Life -2
• 2.
  A cotton farmerin Kurnool Swapna, a small farmer in Kurnool (Andhra Pradesh) grows cotton on her small piece of land. It takes several days to harvest the cotton. Once the cotton is collected, instead of selling it at Kurnool cotton market, Swapna and her husband take the harvest to the local trader.
• 3.
  She had borrowedRs. 2,500 from the trader at a very high-interest rate to buy seeds, fertilisers, pesticides for cultivation. In return for this, the local trader made Swapna agree to another condition that she has to sell all her cotton to him. At the end she received only 3,000 rupees.
• 4.
  A cotton farmerin Kurnool • A small farmer in Kurnool (Andhra Pradesh) grows cotton on their small piece of land. • Once the reaping is done, cotton balls are gathered. • Once the cotton is collected, farmer take the harvest to the local trader or to the neighbor merchant. • Farmers earning from cotton cultivation is barely more than what they might have earned as a wage labourer.
• 5.
  The cloth marketof Erode Erode’s is a bi-weekly cloth market in Tamil Nadu, which is one of the largest cloth markets in the world. A large variety of cloth is sold in this market. Cloths made by weavers in the villages are brought to the market for sale. Cloths are made on order from the merchant.
• 6.
  These merchants supplycloth to garment manufacturers and exporters around the country. They purchase the yarn and give instructions to the weavers about the kind of cloth that is to be made.
• 7.
  Putting-out system For theweavers, this arrangement has two advantages: The weavers do not have to spend their money on the purchase of yarn. Weavers don’t have to think about the selling of finished cloth.
• 8.
  On the otherside, there are a few disadvantages for the weavers: Dependency on raw materials and markets makes merchants more powerful. Weavers are paid very less for making the cloth.
• 9.
  The market worksmore in favour of the merchants. The arrangement between the merchant and the weavers is an example of putting-out system, whereby the merchant supplies the raw material and receives the finished product. The merchant supplies the cotton cloth produced by the weavers to a garment exporting factory. The garment exporting factory uses the cloth to make shirts. The shirts are exported to foreign buyers. Foreign buyers are businesspersons from the US and Europe who run a chain of stores and do business strictly on their own terms which are:
• 10.
  •They demand thelowest prices from the supplier. •They set high standards for quality of production and timely delivery. •Any defects or delay in delivery is dealt with strictly.
• 11.
  The shirt inthe United States A number of shirts are displayed at a large clothes shop in the United States and are priced at $26. That is, each shirt sells for $26 or around 1,800 rupees.
• 12.
  Market and equality •The foreign businessperson made huge profits in the market. • The garment exporter made only moderate profits. • The small cotton farmer and the weaver at Erode did not get a fair price in the market for what they produced. • The merchants or traders have earned more but it is still much less than the exporter. • The market offers people opportunities for work and to be able to sell things that they grow or produce.