Question

Why did the fall in price rice lead to the rise of rural indebtedness?

Answer 1

Answer:

The dip in the price of rice has led to decrease in the income that is earned by the farmers drastically.

If they are earning low income on the rice that is sold in the market, then they would be unable to repay the debts that they made to produce the crop. Therefore the indebtedness in the rural areas was on the rise.

Explanation:

Answer 2

HEYA MATE HERE U GO.

❤. Two thirds of the rice production in vietnam is exported.

❤. By that time it was the third largest exporter of rice in the world.

❤. Great depression of 1929-30 had a great negative impact on vietnam.

❤. The prices of Rice and Rubber had fallen drastically and there was rise in rural indebtedness.

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