Question

what happened in India after Great Depression caused by world war

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Answer 1

1) As the international prices crashed, prices in India also plunged.

2) The value of imports halved between 1928 and 1934. As the international prices plunged, agricultural prices in India also plunged.

3) Peasants and farmers suffered more than urban-dwellers because of the refusal of the government to reduce the revenue.

4) The farmers producing for the world market were the worst hit by the depression. EX. Jute producers of Bengal.

5) The urban dwellers who had fixed incomes and salaries were better-off than better.

Answer 2

hey

• First of all , the war created a new economic and political situation.
• it led to a huge increase in defence expenditure which was financed by war loans and increasing taxes.
• Villages were called upon to supply soldiers, and the forced recruitment in rural areas caused widespread anger
• In 1918-19 and 1920-21 , crops failed in many parts of India resulting acute food shortages .

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