History: The Making of a Global World · Class 10 · CBSE Social Science
How did the Great Depression of the 1930s affect Indian peasants most directly?
Practice question from History: The Making of a Global World (Class 10 · CBSE Social Science), with the correct answer and a step-by-step solution.
hard · MCQ · Q-8C34F3
How did the Great Depression of the 1930s affect Indian peasants most directly?
- A.Agricultural prices fell sharply, while peasants still had to pay revenue and repay debts.Correct answer
- B.Agricultural prices rose because Indian exports increased rapidly.
- C.Peasants became independent of moneylenders because rural credit expanded.
- D.The decline in world trade had no effect on India's agriculture.
Solution
The Depression reduced world demand and caused agricultural prices to fall. Indian peasants suffered because their incomes declined, but land revenue demands and debts remained, forcing many to sell crops, livestock or property.
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