what are the causes of the great depression in vietnam
Answers
HEY FRIEND HERE IS YOUR ANSWER,,,,,,
Great Depression was started in 1929 due to Nghe-Tinh Soviets from 1930-1931 which was the organisation in Bolshevik style and were dominated by peasants and workers in the village.
1)) In 1929 The great depression affected Vietnam greatly and caused a very high unemployment rate for the job workers and many of them which have families run by peasants suffered Greatly. This resulted in imbalance of political maintenance and a improper turbulence. This unemployment further ensured the country never remanded in peace and do not have any other choice rather than making rural uprisings towards the urban locations.
2)) Economy of Vietnam greatly suffered as the prices began to fluctuate in abnormal levels and hit the new low. Rubber extraction and rice cultivation was stopped completely because the demand for both of them never bothered the fact of improving resources in a greater level of understanding. This also led to borrowing debts from higher people society by peasants and again slowed down the economy progress making the rural debts to rise very high.
3)) The Nghe-Tinh Revolt then continued and started on 1 May 1930 where they formed two provinces namely, for peasants and worker provisions, Nghe An and Ha Tinh, this further demonstrated the leadership into a newly formed revolutionary group of local rural people formed under VCP or Vietnamese Communist Party. They went out far and caused instability for quite few months and reached the highest point in the month of September where the peasants and workers together seized the power in few villages of the two provinces.
Those villages where contained the peasant councils called as "soviets" which were set up by overpowering and overthrowing the French regimes which inhabited them previously. This was the main cause that the Revolt was known after that Nghe-Tinh Soviets Movement or revolts. This made the soviets announcing a plan for socially and economically build reforms for national measures that will surely benefit the peasant with rent and some major tax reductions, exchange and confiscation of lands and it's redistribution through selected means and those who don't abide by it, punished landlords for their bad lookouts.
Then the tragedy of the Revolt happened soon after;
Approximately and dating back on 12 September 1930, a flying abode plane which was later known to be a "French Aircraft" of the French regime fired bullets and dropped big bombs on the demonstrators of the oubkic crowds of about 6000 people. Much to about a terror, the uprising of the Revolt of Nghe-Tinh became a disastrous clandestine and further made the common introduction of assassinations of people and complete disbanded belief between their own people. FRANCE or FRENCH police and security officials and their military suppressed and opposed any uprising because of Nghe-Tinh Revolt and arrested many leaders belonging to Vietnamese Communist Party or are affiliated to it somehow. The French imprisoned many of them, the leaders and the demonstrators and the ones who support the Communist leaders and the party, most of them could not make out and died in the prison itself.
Finally, all Communist parties and treaties which support the Fact of Revolts against French regime with Communist organisations were demolished and destroyed.
SPECIAL NOTE OR FACT OF MATTER :::::
September 12 or the date where the crowds were dead and made the suppression of the Revolts was specifically set for those martyrs as a commemoration of the Nghe-Tinh Movement or Revolt. This was named as "The Commemorative Day of Nghe-Tinh Soviets" established and maintained it by the Vietnamese government for the DEMISE OF THE REVOLT WHICH TOOK THE FRANCE INTO A STORM.