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 Class IX-X Tuition

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

"Road transport in India is not competitive but complementary to railways." Justify the statement by giving four points.
Road transport in India is complimentary to railways. There is no competition between the two lifelines of Indian economy. They corroborate rather compete with each other. Unless we have capable and proper...
Syed
0 0
View Comments5
Explain any four characteristics of Kandla sea port.
Kandla in Kuchchh was the first port developed soon after independence.The characteristics of Kandla sea port are(i) Kandla in Kuchchh was the first port developed soon after independence.(ii) It was developed...
Tarun
0 0
View Comments6
Why do people generally move from one country to another? Why
People move from one country to another because of better opportunities and higher standard of living and better facilities too.
Selvi
0 0
View Comments7
What steps can be taken to control soil erosion in the hilly areas?
Soil erosion is a potential threat to the areas that are lying on the steep slopes and also near the hills, where there is a good amount of crop cultivation. It not only leaves the land baren but also...
Trupti
0 0
View Comments5
How do industries create thermal and noise pollution?
Noise pollution is caused due to heavy machineries like turbines, generators, pumps, that runs inside industries like thermal power plant, automobile plant. Thermal pollution is caused due to discharge...
Kirti
0 0
View Comments5

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

Ask a Question

Related Lessons

Indus Valley Civilization {Harappan Civilization} (Brief Note)
The Mesolithic era initiated rock art in prehistory. In 1867 the first rock paintings in India were discovered at Sohagighat, Kaimur Hills, UP. Animals dominate the scenes. However, no snakes are depicted...
T

Tushar K.

0 0
View Comments0
Unknown Story of French Revolution
While the French Revolution (1789-1799) is often portrayed as a battle for liberty and equality, several lesser-known stories reveal the complexities of this transformative period. One such story involves...

Anamika

0 0
View Comments0
Identify how mass media is a part of our everyday life.
Mass media is a part of our life- In many middle class households across the country people wake up to put on the radio switch on the TV look for the morning newspaper. The younger generation of...

Sujoy Das

0 0
View Comments0
The three challenges faced by India, at the time of Independence are yet to be resolved completely. Do you agree with the statement? Give th
The three challenges faced by India at the time of Independence are yet to be resolved completely- i. At the time of Independence, there was an urgent question: how was integration of the territory of...

Sujoy Das

0 0
View Comments0
Social science
Social science comprise with many other subjects and it contain geography, history polscience economics it's all about basics and which will help to get through the chapters and various concepts to clear...
M

Muzna Siddiqui

0 0
View Comments0

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 Mumbai
Class 10 Tuition in Chennai
Class 10 Tuition in Pune
Class 10 Tuition in Noida
Class 10 Tuition in Lucknow
Class 10 Tuition in Jaipur
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