Q. 84.3( 3 Votes )
What do you understand by India underwent lesser impact of the Great Depression?
During the Great Depression, there was a continuous decline in agricultural prices. The peasants were forced to sell their jewelry to meet their daily expense. This gold was then exported to Britain. Moreover, only the rural India had to face the issues, not urban India. Thus, it is said that India had undergone a lesser impact of it.
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