Social Science · Civics - Markets and Putting-Out System
What is a major problem faced by weavers in the 'putting-out' system of the market?
- 1Merchants do not have any control over the finished products supplied by weavers.
- 2Weavers have no say in deciding the quality of raw material used.
- 3Merchants have to spend extra transportation costs to deliver raw material to weavers.
- 4Weavers are paid very little by the merchants as they have no information about market rates.✓
Correct answer
Weavers are paid very little by the merchants as they have no information about market rates.
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