Does the fashion and textile industry play a huge role in the global economy?

Asked on 07.11.2018 in All Questions,   Economics.
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The fashion and textile industry plays a huge role in the global economy, selling and employing billions of people worldwide. “It is a three trillion dollar industry that encompasses the manufacturing and selling of textiles and garments” and has one of the highest turnovers. The industry is highly complex as it extends all around the world and focuses on power and greed often ignoring its environmental and social impacts. The downside of this growth is...
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