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Analyze the information given below, considering one the following correct options:
Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.
- a)The Great Depression
- b)India and the Great Depression
- c)Post-War Recovery
- d)Rise of mass Production and Consumption
Correct answer is option 'B'. Can you explain this answer?
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Analyze the information given below, considering one the following co...
During the period 1929–1937, exports and imports fell drastically crippling seaborne international trade. The railways and the agricultural sector were the most affected. The international financial crisis combined with detrimental policies adopted by the Government of India resulted in soaring prices of commodities.
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Analyze the information given below, considering one the following co...
The Great Depression and its Impact on Jute Producers in Bengal
Introduction:
The given information highlights the plight of jute producers in Bengal during a specific period. By analyzing the details provided, we can conclude that the situation described is closely related to the Great Depression and its impact on India's jute industry.
The Collapse of Gunny Exports:
- Jute producers in Bengal primarily grew raw jute, which was then processed in factories and exported in the form of gunny bags.
- However, during the Great Depression, the demand for gunny bags collapsed, leading to a significant decline in gunny exports.
- This sudden decline in demand had a direct impact on the price of raw jute, which crashed by more than 60 percent.
Debt and Decreasing Prices:
- Many jute producers had borrowed money in the hope of better times or to increase their output and earn higher incomes.
- Unfortunately, the continuous decrease in the price of raw jute resulted in a vicious cycle of falling incomes and increasing debts for these peasants.
- The situation became increasingly dire as the jute growers found themselves trapped in a cycle where the costs and debts associated with jute production far outweighed their potential earnings.
The Lament of Jute Growers:
- The lament of the Bengal jute growers reflects their desperate situation. They call upon their fellow farmers to grow more jute, hoping for a greater influx of cash.
- However, the reality is that even if the farmers manage to spend all their money and successfully cultivate the crop, the traders sitting comfortably at home will only pay a meager amount of Rs 5 per maund (a unit of weight).
Conclusion:
Based on the given information, it is clear that the situation described is a consequence of the Great Depression's impact on the jute industry in Bengal. The collapse of gunny bag exports, resulting in a drastic drop in the price of raw jute, led to severe financial hardships for jute producers. The cycle of decreasing prices and increasing debts left the farmers in a state of despair, as their hopes for better times were dashed.
Introduction:
The given information highlights the plight of jute producers in Bengal during a specific period. By analyzing the details provided, we can conclude that the situation described is closely related to the Great Depression and its impact on India's jute industry.
The Collapse of Gunny Exports:
- Jute producers in Bengal primarily grew raw jute, which was then processed in factories and exported in the form of gunny bags.
- However, during the Great Depression, the demand for gunny bags collapsed, leading to a significant decline in gunny exports.
- This sudden decline in demand had a direct impact on the price of raw jute, which crashed by more than 60 percent.
Debt and Decreasing Prices:
- Many jute producers had borrowed money in the hope of better times or to increase their output and earn higher incomes.
- Unfortunately, the continuous decrease in the price of raw jute resulted in a vicious cycle of falling incomes and increasing debts for these peasants.
- The situation became increasingly dire as the jute growers found themselves trapped in a cycle where the costs and debts associated with jute production far outweighed their potential earnings.
The Lament of Jute Growers:
- The lament of the Bengal jute growers reflects their desperate situation. They call upon their fellow farmers to grow more jute, hoping for a greater influx of cash.
- However, the reality is that even if the farmers manage to spend all their money and successfully cultivate the crop, the traders sitting comfortably at home will only pay a meager amount of Rs 5 per maund (a unit of weight).
Conclusion:
Based on the given information, it is clear that the situation described is a consequence of the Great Depression's impact on the jute industry in Bengal. The collapse of gunny bag exports, resulting in a drastic drop in the price of raw jute, led to severe financial hardships for jute producers. The cycle of decreasing prices and increasing debts left the farmers in a state of despair, as their hopes for better times were dashed.
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Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer?
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Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer?.
Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 10.
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Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Analyze the information given below, considering one the following correct options:Consider the jute producers of Bengal. They grew raw jute that was processed in factories for export in the form of gunny bags. But as gunny exports collapsed, the price of raw jute crashed more than 60 per cent. Peasants who borrowed in the hope of better times or to increase output in the hope of higher incomes faced ever lower prices, and fell deeper and deeper into debt. Thus the Bengal jute growers' lament: Grow more jute, brothers, with the hope of greater cash. Costs and debts of jute will make your hopes get dashed. When you have spent all your money and got the crop off the ground, ... traders, sitting at home, will pay only Rs 5 a maund.a)The Great Depressionb)India and the Great Depressionc)Post-War Recoveryd)Rise of mass Production and ConsumptionCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Class 10 tests.
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