Question Bank - History

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In the year 1929, the agricultural sector and the community were badly affected, because the decline in agricultural prices was more and longer than the values of ______.

A.
Industrial goods
B.
Opium
C.
Raw Materials for Agriculture
D.
indigo

Solution:

The international financial crisis combined with detrimental policies adopted by the Government of India resulted in soaring prices of commodities. The agricultural sector and the community were badly affected because the decline in agricultural prices was more and longer than the values of Industrial goods. The discontent of farmers manifested itself in rebellions and riots. The Salt Satyagraha of 1930 in which Gandhi ji walked 240 miles with his followers and it was one of the measures undertaken as a response to heavy taxation during the Great Depression. During the Depression, the British Raj intensified the existing imperialistic economic policies. While these policies protected Britain's economy, they destroyed India's. Farmers who were cultivating food crops had earlier moved over to cash crop cultivation in large numbers to meet the demands of England. During World War I, farmers worked hard to produce record crops and livestock. When prices fell they tried to produce even more to pay their debts, taxes and living expenses. In the early 1930s prices dropped so low that many farmers went bankrupt and lost their farms. Some farm families began burning corn rather than coal in their stoves because corn was cheaper.

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