What type of economic crisis was experienced in most parts of the world in 1920s and 1930s? Give examples.

Asked by Last Modified  

1 Answer

+1

Follow 2
Answer

Please enter your answer

The following points state that the economic crisis wasexperienced in most parts of the world in 1920s and 1930s . (i) Great fall in the industrial production as thedemand for goods also fell.(ii) Deterioration of the economic conditions of the industrialists.(iii) Unemployment soared very high.(iv)...
read more
The following points state that the economic crisis wasexperienced in most parts of the world in 1920s and 1930s . (i) Great fall in the industrial production as thedemand for goods also fell.(ii) Deterioration of the economic conditions of the industrialists.(iii) Unemployment soared very high.(iv) There was a great fall in the living standard of the people.(v) Economic depression resulted in poverty.(vi) The price of agricultural products fell disastrously in many countries.(vii) US banking system collapsed. By 1933, over 4000 banks had closed and between 1929 and 1932, about 110000 companies had collapsed. For more information do visit: www.edusmartskills.com read less
Comments
Dislike Bookmark

Related Questions

"Transport routes are called the basic arteries of our economy." Support this statement with relevant examples.
Transport routes are called basic arteries of our economy because of the following reasons: (i) Dense network of transport is a pre-requisite for the economic development of a region or a country. (ii)...
Abinaya

Hi all, I am looking for tutions as a tutor for 1st to 8th grade (all subjects).

I also provide classes of Spoken English (Basics) 

 
Std 1 to 8th All subjects - 3500 for 1hr in month Std 5 - 4500 Std 6 - 5000 Std 7 - 7000 Std 8 - 6000 Spoken english - perclass is 750
Proggnya
Imagine if oil supplies get exhausted, how will this affect our lifestyle?
Actually it's not imagination but it's going to be future of our self as we all know that oil is non renewable source of energy. Most of the countries transform from non renewable to renewable sources...
Sobha
0 0
8
What is the difference between personal communication and mass communication?
There are many types of communication, but as it is asked about the differences between personal communication of mass communication, the answer is as follows. Personal Communication is something between...
Mang
0 0
7
Describe the spread of Non-Cooperation Movement in the countryside.
Mohandas Karamchand Gandhi started the non-cooperation movement. The main motive of this movement was to resist the British rule in India, by a non-violent means, also called "satyagraha". This movement...
Kunal
0 0
6

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

british power in india
BENGAL: –Treaty of alinagar; 1757: shirajuddaula –Battle of plassey: 1757: shiraj defeat. –Betrayed by : Mir jafar, manikchand, amichand, jagatseth, khadim khan –Battle...

Tanusree R.

1 0
0
Examine the emergence, demands and success of BKU as one of the leading popular movement of India.
The emergence of BKU :Bhartiya Kisan Union (BKU) is an organisation of farmers from western UP and Haryana regions. It is one of the leading farmers’ movements to protest against the policies of...

Sujoy Das

3 1
0
Discuss the impact of globalisation on culture.
Impact of Globalization on culture- Globalisation of culture refers to mixing of the global with the local. Foreign firms use this globalization to deal with local traditions to enhance their marketability....

Sujoy Das

0 0
0
1857 Revolt/Sepoy Mutiny/1st war of Indian Independence.
VD Savarkar called 1857 revolt as 1st War of Indian Independence. Reasons for 1857 Revolt: 1. Cartridges given to British Indian army were greased with cow and pig fat, which hurt Indian's religious...

Manohar A

1 0
0
smart learning
M

Mrs S.

0 0
0

Recommended Articles

Meet Raghunandan.G.H, a B. Tech Tutor from...

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Meet Mohammad Wazid, a skilled trainer for...

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Meet Sandhya R, a B.Sc tutor from Bangalore

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Quest Academy - Institute of the month

Quest Academy is a professional Bangalore based NEET and JEE (Main + Advanced) training institute. The academy was incorporated in 2015 to cater to the needs of students, who aim to crack competitive exams by connecting with the best brains around. The institute helps students enhance their skills and capabilities through...

Read full article >

Find Class 10 Tuition near you
Class 10 Tuition in Delhi
Class 10 Tuition in Bangalore
Class 10 Tuition in Hyderabad
Class 10 Tuition in Kolkata
Class 10 Tuition in Chennai
Class 10 Tuition in Mumbai
Class 10 Tuition in Pune
Class 10 Tuition in Lucknow
Class 10 Tuition in Noida
Class 10 Tuition in Gurgaon
Online Tuition Class 10

Looking for Class 10 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you