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The Impact of the Great Depression on Employment and Trade Worldwide

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The Great Depression was one of the most severe economic downturns in modern history, beginning with the stock market crash of 1929 and lasting throughout the 1930s. It caused massive unemployment, a dramatic decline in global trade, and widespread financial turmoil. This crisis affected every sector of the economy, leading to political instability, social unrest,…

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pcs mains examinations

The Impact of Economic Depression on India’s Economy During British Rule

Admin012 mins

Economic crises have historically had far-reaching effects, and the Great Depression of 1929 was no exception. Though it originated in the United States, the economic depression had global consequences, affecting colonies like India under British rule. As a colonial economy, India was deeply integrated into the global trade system but had little control over its…

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