About great depression period class x
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Hey mate!! Here is your answer
1) The depression was caused due to the overflow of foodgrains in the market which led to fall in agricultural price.
2)During and after the war US had emerged as an international money lender.
3) US withdrew loans from other countries because of which many banks collapsed.
Hope its help you!! :)
1) The depression was caused due to the overflow of foodgrains in the market which led to fall in agricultural price.
2)During and after the war US had emerged as an international money lender.
3) US withdrew loans from other countries because of which many banks collapsed.
Hope its help you!! :)
akshitatewari24:
Tnx
Answered by
3
❤❤hi.... ✌✌
❤❤✔✔✔✔✔here's ur answer... ✔✔✔✔✔
GREAT DEPRESSION -------:::::
The causes of the Great Depression were
✔✔(i) Conditions created by war ... There was an immense industrial expansion due to the increased demand of goods supplied to the army, during the period of the First World War. After the war, the demand for these goods suddenly dropped and so, there was no demand in many industries. There was also a large fall in the agricultural prices due to reduced demand..... ✔✔
✔✔2)Over production in agriculture Agricultural over production was another factor responsible for the depression. This was made worse by falling agricultural .prices. As prices slumped and agricultural incomes declined, the farmers tried to increase the production and bring a larger volume of produce to the market to maintain their overall income. This worsened the situation by pushing down the prices of farm produce further.... ✔✔
hope it helps you... ❤❤☺☺
❤❤✔✔✔✔✔here's ur answer... ✔✔✔✔✔
GREAT DEPRESSION -------:::::
The causes of the Great Depression were
✔✔(i) Conditions created by war ... There was an immense industrial expansion due to the increased demand of goods supplied to the army, during the period of the First World War. After the war, the demand for these goods suddenly dropped and so, there was no demand in many industries. There was also a large fall in the agricultural prices due to reduced demand..... ✔✔
✔✔2)Over production in agriculture Agricultural over production was another factor responsible for the depression. This was made worse by falling agricultural .prices. As prices slumped and agricultural incomes declined, the farmers tried to increase the production and bring a larger volume of produce to the market to maintain their overall income. This worsened the situation by pushing down the prices of farm produce further.... ✔✔
hope it helps you... ❤❤☺☺
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