Which among the following was not an outcome of the Great Depression?
Answers
Answer:
I guess 3rd one
Explanation:
I guess ah
Answer:
Along with the question the correct option is (d) that is Increase in daily wages for farmers in England as colonial England flourished in trade with China.
Explanation:
The Great Depression significantly impacted the economies, communities, and lives of people worldwide, including India. Indian trade was immediately impacted by the Great Depression. Colonial India imported manufactured items in the nineteenth century and exported agricultural products. As foreign prices fell, so did prices in India. Wheat costs decreased by 50% in India between 1928 and 1934. India's exports and imports fell nearly half between 1928 and 1934. Farmers and peasants experienced more suffering than city dwellers. Despite a sharp decline in agricultural prices, the colonial British government steadfastly refused to lower its income demands.
Peasants in India who produced items for the global market took the brunt of the Great Depression's effects.
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