What condition does the tear debt peonage refer to?

Debt peonage refers to a condition where individuals are forced to work to pay off a debt, often under exploitative conditions. This practice effectively traps workers in a cycle of indebtedness, as the terms of repayment are often manipulated to ensure they can never fully pay off what they owe. Historically, it has been associated with agricultural labor and has been used as a means of controlling marginalized populations. Debt peonage is considered a form of modern-day slavery in many contexts.