Why did the price of jute fall between 1928 and 1934?

Question: Why did the price of jute fall between 1928 and 1934?

Answer: The period between 1928 to 1934 is called the Great Depression. India had also faced severe effects of this. Bengal was a major state producing jute. Jute was used to make gunny bags. With the depression period, the demand for gunny bags fell. This, in turn, led to a fall in the price of jute by almost 60 per cent.


Why did the price of jute fall between 1928 and 1934?


More Question

  1. Which act gave the government power to suppress political activity and detain political prisoners without trial?
  2. Why was a new education policy introduced by the French in Vietnam? What were the limitations or drawbacks of the new education policy introduced by the French in Vietnam?
  3. "Early Vietnamese nationalists had a close relationship with Japan and China''. Support your answer with three examples
  4. Explain any four major challenges faced by the Democratic Republic of Vietnam
  5. Explain any three features of Scholar of Revolt in 1868 in Vietnam
  6. Who was the founder of Hoa Hao Movements? Explain his contribution to his country
  7. Explain the role of women in the anti-imperial struggle in Vietnam
  8. Describe the entry of the US into the Vietnam War
  9. What was the impact of the Great Depression of 1929 on Vietnam?
  10. Describe the various step taken by the French for dismantling the Chinese influence on Vietnam
  11. Who were indentured labours? What were the working conditions for them in Vietnam?
  12. What was the social and economic composition of Indo-China in early times?
  13. There were two broad opinions on the new education policy introduced by the French in Vietnam?
  14. Write a short note on the book, ‘The History of the Loss of Vietnam’?


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