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When did the Great Depression begin?

Question: When did the Great Depression begin?

Answer: The Great Depression started in the 1930s in the USA and rapidly spread to other parts of the world. This led to a fall in the production, employment and income level of many countries. It had a much greater effect in the US and Europe and a little mild in other countries. The rural segments faced serious repercussions. The Dustbowl created in Midwest and overproduction led to the loss of previously fertile land. The US dollar's value in terms of gold fell which led to a demand for a new exchange system. The country then shifted from a fixed exchange rate system to a floating exchange rate system. The US also became an international creditor to many countries such as British Asia. It had a severe and long-lasting effect on the world.


When did the Great Depression begin?


More Question

  1. 'The plantation workers in Assam had their own understanding of Mahatma Gandhi and the nation of Swaraj.' Support the statements with arguments
  2. How did the salt march become an effective tool of resistance against British colonial power?
  3. Explain the reaction of the business class towards the Civil Disobedience Movements
  4. Examine any four cultural processes through which Indian nationalism captured people’s imagination
  5. Why did the Muslim community not join the struggle during the Civil Disobedience Movements? Give reasons
  6. ‘A Satyagraha wins the battle through non-violence. Explain with examples
  7. Describe the various problem in unifying people in India by the end of the 19th century
  8. Why was Non-Cooperation a Powerful method of resistance?
  9. When and where did Mahatma Gandhi successfully organise Satyagraha Movements just after arriving in India?
  10. What is the meaning of the term ‘boycott’ in respect of national movement?
  11. What was the result of the Poona Pact of September 1932?
  12. Why did General Dyer open fire on the peaceful gathering at Jallianwala Bagh on 13th April 1919?
  13. During the period of Non-Cooperation Movements, who claimed to have a special power, could heal people and survive bullet shots?


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