Question

Which among the following was not an outcome of the Great Depression?

• A. Declaration of bankruptcy and collapse and closure of industries in the USA.
• B. Better living standards for salaried employees in Indian towns due to a considerable reduction in goods prices.
• C. Increase in debt for peasants in rural India due to the revenue demands from the colonial government.
• D. Increase in daily wages for farmers in England as colonial England flourished in trade with China.

Answer 1

The correct option is D Increase in daily wages for farmers in England as colonial England flourished in trade with China.