Question

describe the impact of Great Depression on Indian Economy

Answer 1

Answer:

The Great Depression of 1929 had a very severe impact on India, which was then under the rule of the British Raj. ... During the period 1929–1937, exports and imports fell drastically crippling seaborne international trade. The railways and the agricultural sector were the most affected.it declined the indian economy and enriched the british economy causing corruption and poverty, from which even partial present day india is suffering

Answer 2

Answer:

The economy depression immediately affected Indian Trade, as India’s exports and imports nearly halved between 1928-1934

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