Assertion (A): During the Great Depression of 1929, in general, agricultural regions and communities were the worst affected.

Reason (R): The fall in agricultural prices was greater and more prolonged than that in the prices of industrial goods.

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Both (A) and (R) are true and (R) is the correct explanation of (A)

Both (A) and (R) are true and (R) is not the correct explanation of (A)

(A) is true, but (R) is false

(A) is false, but (R) is true

answer is A.

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Detailed Solution

The Great Depression began in 1929 and continued until the middle of the 1930s, when production, employment, earnings, and commerce saw severe losses in different parts of the world. The severity and effects of depression varied by country. However, it had a very severe impact on rural communities and areas. It occurred due to the decrease in farm prices and lasted longer than the decline in industrial product prices. As a result, the issue of agricultural overproduction persisted. The problem got worse when farm prices dropped. Farmers found it challenging to boost production and bring more products to the market when prices fell and agricultural profits declined to preserve their overall revenue.
Hence, both the Assertion and Reason are true, and the Reason is the correct explanation of the Assertion.

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