What do you understand by India underwent lesser impact of the Great Depression?

Question: What do you understand by India underwent lesser impact of the Great Depression?

Answer: During the Great Depression, there was a continuous decline in agricultural prices. The peasants were forced to sell their jewellery to meet their daily expenses. This gold was then exported to Britain. Moreover, only rural India had to face the issues, not urban India. Thus, it is said that India had undergone a lesser impact on it.

More Question

1. What was the reaction of the people to the Rowlatt Act?
2. Who led the Peasant Movement in Awadh during the Non-Cooperation Movement?
3. Under whose leadership was the Non-Cooperation Movement started in the Gudem Hills of Andhra Pradesh?
4. What did the idea of Satyagraha emphasise?
5. Who created the first image of Bharat Mata?
6. Name the personality who organised the Dalits into the Depressed Classes Association
7. When was Non-Cooperation boycotted?
8. Why was the Simon Commission boycotted?
9. Why was the Kheda Satyagraha launched by Gandhiji?
10. Name the person who worked for the revival of folk culture in Madras
11. Who has first created the image of Bharat Mata?
12. During which movement was the Indian tricolour flag designed?
13. What is Hindu Mahasabha?
14. When and where the demand for ‘Purna Swaraj’ was accepted by Congress?
15. Why did the Non-Cooperation Movement gradually slow down in the cities?
16. Who was Alluri Sitaram Raju?
17. Name the Sabha headed by Jawahar Lal Nehru and Baba Ramchandra
18. Besides Gandhiji who were the main leaders of the Khilafat Movement?