History, asked by Krutika799, 1 year ago

the great depresion had an adverse impact on indian economy

Answers

Answered by Anonymous
3
The followoing points may help you:

a. The worldwide economic depression began in 1929 and there after impacted World economies including India,towards late 1920's not 1820's.

The effects of the World Wide depression on India were:

a. Agricultural prices began to fall and collapsed in 1930.
b. Demand for agricultural goods declined.
c. It became difficult for the peasants to sell their harvest and pay revenue.
d. The entire country was in crisis. 
e. It helped in reshaping the national movement.

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