Question

What were the wffects of great economic depression on indian economy 0?

Answer 1

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.

Answer 2

Answer:

The economy depression immediately affected Indian Trade, as India’s exports and imports nearly halved between 1928-1934