you were exploiting
Past progressive conjugation of exploit. There are other translations for this conjugation.

exploit

If however, you bought some wool from the shepherd and charged a premium for converting it into a hat, you weren't actually creating value, you were exploiting the shepherd.
Si par contre, on achetait de la laine à un berger et faisait payer une prime pour la convertir en chapeau, on ne créait en fait pas de valeur, on exploitait le berger.
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