Describe the impact of Great Depression on Indian economy.
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✨The Great Depression✨
Between 1928 and 1934,there was a reduce in the Indian imports and exports by nearly half. It had a major impact on Indian economy, which led to the Great Depression. Wheat prices too fell by 50% during this time.The agricultural sector was badly hit by the Great Depression compared to the urban areas, as it dominated the livelihoods in rural lands.
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Here is your answer
______________________________________________
✨The Great Depression✨
Between 1928 and 1934,there was a reduce in the Indian imports and exports by nearly half. It had a major impact on Indian economy, which led to the Great Depression. Wheat prices too fell by 50% during this time.The agricultural sector was badly hit by the Great Depression compared to the urban areas, as it dominated the livelihoods in rural lands.
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these are the impact of Great Depression on Indian economy:
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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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.
hope it's helpful
if you like it it plz follow me
or
plz mark it as the brainlest answer
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