Class 7 Economics – Chapter 3
A SHIRT IN THE MARKET
NCERT Textbook Questions & Answers
Q1. What made Swapna sell the cotton to the trader instead of selling it at the Kurnool cotton market?
Answer:
Swapna borrowed money from the trader to buy seeds, fertilizers and pesticides.
She had agreed to sell her cotton to the trader as a condition for the loan.
Therefore, she could not sell her cotton freely in the Kurnool cotton market.
She was forced to sell at a lower price.
Q2. Describe the conditions of the workers in the garment exporting factory.
Answer:
The workers in the garment exporting factory work for long hours.
They are paid very low wages.
Their working conditions are unsafe.
They do not have job security or proper benefits.
Many of them are temporary workers.
Q3. Why do you think the company paid less to the workers?
Answer:
The company wanted to reduce production costs and increase profits.
There were many workers available who needed jobs.
Workers had no strong unions to protect their rights.
Therefore, the company paid less wages to workers.
Q4. Why do you think Swapna was not able to grow cotton without taking a loan from the trader?
Answer:
Growing cotton requires a lot of money for seeds, fertilizers and pesticides.
Swapna did not have enough savings.
Banks did not easily give loans to small farmers.
So she had to depend on the trader for a loan.
Q5. Why is cotton cultivation expensive?
Answer:
Cotton cultivation is expensive because farmers have to buy costly seeds.
They need fertilizers, pesticides and water.
Labour costs are also high.
If crops fail, farmers suffer heavy losses.
Q6. Who are the people involved in the production and sale of a shirt?
Answer:
The people involved in the production and sale of a shirt are:
1) Cotton farmers
2) Traders
3) Factory owners
4) Factory workers
5) Shopkeepers or retailers
Q7. Why do large companies have more power in the market?
Answer:
Large companies have more money and resources.
They control production and prices.
They can advertise their products widely.
Small farmers and workers depend on them.
Therefore, large companies have more power in the market.
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Class 7 Economics • NCERT • Exam Ready
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