Social Sciences, asked by vartevarremsiama, 7 months ago

how is the global economic deression affecting the Indian trade​

Answers

Answered by kothatulasi124
1

Explanation:

The indian Great Depression of 1930 had a very severe impact on India, which was then under the rule of the British Raj. How much India was affected has been hotly for debated. Native historians have argued that the Great Depression slowed long-term industrial development.

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Answered by BrainlyAnyu
102

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The international financial crisis combined with detrimental policies adopted by the Government of India resulted in soaring prices of commodities. High prices along with the stringent taxes prevalent in British India had a dreadful impact on most Indians. The discontent of farmers manifested itself in rebellions and riots. The Salt Satyagraha of 1930 in which Gandhi ji walked 240 miles with his followers and it was one of the measures undertaken as a response to heavy taxation during the Great Depression.

The Great Depression and the economic policies of the Government of India worsened already deteriorating Indo-British relations. When the first general elections were held according to the Government of India Act 1935, anti-British feelings resulted in the pro-independence Indian National Congress winning in most provinces with a very high percentage of the vote share.

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