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Economic Impact of Cotton

The economic impact of cotton is significant because it supports millions of livelihoods worldwide, including farmers, workers, and related industries like textiles and apparel. Cotton boosts economies through exports, generating foreign income and employment. It also stimulates local businesses and infrastructure development in producing regions. However, cotton cultivation can require substantial water and chemical inputs, leading to environmental and social challenges. Overall, cotton's role in global trade fosters economic growth but must be balanced with sustainable practices to ensure long-term benefits for communities and markets.