Question

Explain any five effects of the great depression of 1929 on indian economy?.........can I use this answer for this question

Answer 1

• Indian economy was affected because of strict policies by the British.
• Imports and exports were adversely affected and international route crippled.
•Taxes and prices were increased even more than before which caused great problem for Indians.
• Railway revenue was decreased and was affected very badly.
• Economy was affected and was decreased.