Question

Explain the effect of world wide economy depression on India towards late 1920

Answer 1

Hi

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 Indiaadopted a protective trade policy which, though beneficial to the United Kingdom, caused great damage to theIndian economy.

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Answer 2

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Explain the effects of ‘worldwide economic depression’ on India, towards the late 1920s.

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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.

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