Inter-War Economy
Inter-War Economy: Overview
This topic covers concepts, such as, Economic Crisis of First Half of 20th Century, Transformation in Economy during WWI, Impact of Great Depression on US Economy & Impact of Great Depression on India etc.
Important Questions on Inter-War Economy
Which of the following regions and communities were worst affected by the Great Depression of ?

Which of the following nations became the largest overseas lender in

In which year did the Great Depression start?

Arrange the following events in chronological order and select the correct answer from the options given below:
(I) Korea War
(II) Suez Crisis
(III) Congo Crisis
(IV) Somalia Crisis

Which of the following statements are correct in relation to the Great Depression of in India? It led to -
(I) Decline in trade
(II) Steep hike in wheat prices
(III) Growth in industrial investment
(IV) Fall in jute prices

In India, ______ suffered more than urban dwellers during the Great Depression.

Which statement is true regarding the causes of the Great Depression of ?
Statement I- Overproduction of agricultural commodities.
Statement II- Fall in prices of industrial goods.

Which was the first modern industrial war?

Who thought that Indian gold exports promoted global economic recovery?

Which was the important feature of the US economy in the s?

Who became the International Creditor during the First World War?

The Central Powers does not include

Read the statement carefully and choose the correct option.
Statement 1: Bloody Sunday on November 1887 was a riot where the London elite demanded relief from the government.
Statement 2: For poor Britishers, 'London season' was organised in the late 18th century hosting several cultural events.
Statement 3: The first section of the London Underground railways opened on 10 January 1863 between Paddington and Farrington Street in London.

Read the statement and identify the cause for the turmoil experienced by the countryside in India by choosing the correct option.
Statement 1: Worldwide economic depression led to fall in agricultural prices.
Statement 2: Demand for agricultural good fell and exports declined.
Statement 3: Peasants could not sell their harvests and pay their revenue.

Which of the followings freedom movements launched in India coincided with The Great Depression?

Match the items of column A with the corresponding items of column B and select the correct choice:
Column A Column B
Chutney music Pioneer of assembly line method to produce vehicles.
Henry Ford Purchase made on credit repaid in weekly and monthly instalments.
Mass production Trinidad and Guyana
'hire purchase' . Feature of US economy 's.

Read the statement carefully and choose the correct options.
Statement The housing and consumer boom of the 's led to propensity in the US.
Statement The great depression led catastrophic declines in production, employment, incomes and trade only in US.
Statement During the great depression US banks became bankrupt as they were unable to recover investment, collects loans and repay depositors.

Read the statement carefully and choose the correct options.
Statement During the First World War, industries were restructured to produce household goods.
Statement The First World War was fought between the Allies and the Central powers.
Statement After the First World War US owned the rest of the world large sums of money as it borrowed to finance to clear the war expenditures.

During the _____, the world experienced catastrophic declines in production, employment, incomes and trade. ( Big Bang / Great Depression)

The car manufacturer Henry Ford adapted the _____ of a Chicago slaughterhouse, to his new car plant in Detroit. (assembly line / electromagnetism)
