what was great depession of 1929 in indaian economy
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The Great Depression of 1929 had a very severe impact on India, which was then under the rule of the British Raj. The Government of British India adopted a protective trade policy which, though beneficial to the United Kingdom, caused great damage to the Indian economy.
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Increase in unemployment
Withdraw of loan by usa
American banking was collapsed
Decrease in income of common people
High industrial and economical production...,
Withdraw of loan by usa
American banking was collapsed
Decrease in income of common people
High industrial and economical production...,
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