Great depression on indian economy
Answers
Answered by
1
Answer:
India was an exporter of wheat to European countries. When the international prices of wheat crashed because of the Great Depression, prices of wheat in India fell almost by 50%. Peasants and farmers were the worst sufferers. While the prices of the crops declined, the government refu
Answered by
0
Answer:
How did Great Depression impact India? The Depression had an important impact on India's freedom struggle. Due to the global crisis, there was a drastic fall in agricultural prices, the mainstay of India's economy, and a severe credit contraction occurred as colonial policymakers refused to devalue the rupee.
Explanation:
Similar questions