History, asked by zaminzargar, 1 year ago

write a note to explain the effects of the Great Depression on the Indian economy

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Answered by owaissani84
10

Answer:

1. Indian economic condition worsened due to the Great Depression.

2. peasents and farmers incurred heavy losses as prices of raw material fell due to lesser export of it.

3. They also came under heavy debts.

4. on the other hands , urban Indian dwellers were least hit by the Depression ,because they had enough money to survive the economic slump

Answered by beautikashyap5
5

Answer: Here is your answer

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