explain Any consequences of the great depression of the great depression of 1929 on India economic
Answers
Answer:
it has all world wide impact
due to economic depression America's economic situation become worst
they have only 40% factory left in 1932 in comparison to 1929
it make people of Germany jobless or unemployed
people often busy in gambling and criminal activities
the big business man feared they will be labour one day
the production of Germany's farmer were not sold out at good rate
all share holder sold there shares...
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The Great Depression of 1929 had a very severe impact on India, which was then under the rule of the British Raj. ... The Government of British India adopted a protective trade policy which, though beneficial to the United Kingdom, caused great damage to the Indian economy.
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