History, asked by babulalmahali, 1 year ago

explain Any consequences of the great depression of 1929 on India economic ​

Answers

Answered by nikhila0003
4

the great depression began around the end of 1929 and lasted almost till 1939 when the second world war began

during this decade, there was worldwide economic decline triggered by a decline in demand and fall in prices

and there were many consequences like

unemployment

and also the industrial production was reduced to 40% by 1932

youth took to criminal activities

and also acute political instability as govt couldn't provide stable rule

hope it helped you

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