Forum

Notifications
Clear all

How did traders and moneylenders exploit the tribal people?

1 Posts
2 Users
0 Likes
160 Views
0
Topic starter

How did traders and moneylenders exploit the tribal people?

1 Answer
0

Tribal groups often needed to buy and sell in order to be able to get the goods that were not produced within the locality. This led to their dependence on traders and moneylenders. Traders came around with things for sale. They sold the goods at high prices.

Moneylenders used to give loans with which the tribals met their cash needs, adding to what they earned. But the interest charged on the loans was very high. Thus, both traders and moneylenders always exploited tribal people. It is therefore the tribals- saw them as evil outsiders and the cause of their misery.

Share:

How Can We Help?