History, asked by noorchandi92, 1 year ago

what were the effects of great depression on indian economy?

Answers

Answered by AryanTennyson
8


 1. Affect  on Trade:  The depression immediately affected indian trade. India's export and import nearly halved between 1928 and 1934.As International prices crashed , prices in india plunged.Between 1928 and 1934 wheat prices in india fell by about 50%.



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