Question

Describe the impact of Great depression on Indian economy?

Answer 1

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The Great Depression began in 1929. ... When the international prices of wheat crashed because of the Great Depression, prices of wheat in India fell almost by 50%. Peasants and farmers were the worst sufferers. While the prices of the crops declined, the government refused to reduce the revenues.
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Answer 2

1. The wall street exchange crashed in 1929. fearing a fall in prices people make friends efforts to sell their shares
2. On a single day , 24 october , 13 million shares were sold . This was the start of great Economic depression
3. over the next 2-3 years between 1929 and 1932 the national income of USA fall by half
4. factory shutdown exports file formats for battery heat and spectacular withdrew their money from the market
5. the effects of the city Recession in US economy was felt worldwide