Indian Polity · Civics
In the context of trade and markets, the 'putting-out system' refers to an arrangement wherein:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The government procures cloth directly from the weavers' cooperatives
- 2The merchant supplies the raw material to the weavers or producers and receives the finished product from them✓
- 3Weavers spend their money on purchasing yarn and sell the finished cloth in the market
- 4Weavers or producers form a group and take up certain activities collectively
Correct answer
The merchant supplies the raw material to the weavers or producers and receives the finished product from them
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