what is Great dippresion ?
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Posted by Devanshu Gupta Gupta 6 years, 10 months ago
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Yogita Ingle 6 years, 10 months ago
The Great Depression began in 1929 with a steep fall in New York Stock Exchange and continued well into the mid-1930s.
During depression agricultural prices fell, industrial production came to a halt, and millions of people became jobless and homeless.
The depression was caused due to an overflow of food grains in the market which led to a fall in the agricultural prices. Canada, Australia and America had emerged as new alternate centres of wheat production during war.
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