Great Depression Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ===India=== {{Main|Great Depression in India}} How much India was affected has been hotly debated. Historians have argued that the Great Depression slowed long-term industrial development.<ref>{{cite book|title=A Colonial Economy in the Great Depression, Madras (1929–1937)|first=K. A. |last=Manikumar|year=2003|ref=Manikumar}}</ref> Apart from two sectors—jute and coal—the economy was little affected. However, there were major negative impacts on the jute industry, as world demand fell and prices plunged.<ref>Samita Sen, "Labour, Organization and Gender: The Jute Industry in India in the 1930s", in Helmut Konrad and Wolfgang Maderthaner, eds. ''Routes Into the Abyss: Coping with Crises in the 1930s'' (2013) pp. 152–66.</ref> Otherwise, conditions were fairly stable. Local markets in agriculture and small-scale industry showed modest gains.<ref>{{Cite journal |jstor = 312643|title = The Great Depression and Indian Industry: Changing Interpretations and Changing Perceptions|journal = Modern Asian Studies|volume = 21|issue = 3|pages = 585–623|last1 = Simmons|first1 = Colin|year = 1987|doi = 10.1017/S0026749X00009215|s2cid = 145538790}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page