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How does the manufacturing of synthetic fiber affect the cotton farmers?

April 26, 2017affect cotton farmers fiber manufacturing synthetic

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How does the manufacturing of synthetic fiber affect the cotton farmers?

1 Answer

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If more synthetic fibers are available, less cotton fiber will be needed. Less need for cotton means lower prices for it. If prices go down, production of cotton will be reduced until supply and demand reach a balance. If less cotton is grown, the farmers must plant other crops.