Explain the effect of world wide economic depression on Indian towards the late 1920
Answers
Answer:
As the Manchester came in india the indian market were collapsed. Because the MANCHESTER goods were very cheap and according to GANDHI ji all boycott foreign goods and start wearing khadi clothes.
CONCLUSION: It effect at very high pace to the indian economic condition
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Explain the effects of ‘worldwide economic depression’ on India, towards the late 1920s.
The effects of world wide depression on India were as follows :-
i) India's trade was affected, exports decreased as international prices crashed.
ii) Agricultural prices fell due to which farmers couldn't sell their produce and the British government continued to take high taxes.
iii) The economic instability and colonial rule provided on opportunity to Mahatma Gandhi to launch the Civil Disobedience Movement in 1930.