Economy, asked by nanu5105, 11 months ago

Explain the effect of worldwide economic depression on india

Answers

Answered by RanuRaj
0

Answer:

1. Agricultural prices began to fall in India and collapsed after 1930.

2. As exports decreased and demand fell, peasants couldn’t sell or pay the revenue.

3. The countryside became in turmoil by 1930.

Explanation:

The worldwide economic depression had a profound impact on India because of the international trade. It affected the majority population in rural areas.

Answered by Anonymous
4

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Explain the effects of ‘worldwide economic depression’ on India.

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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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