Assertion(A): During the Great Depression, agricultural regions and communities were 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 but (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 lasted from around 1929 to the mid-1930s. Most parts of the world experienced catastrophic production, employment, income, and trade declines during this period. The exact timing and severity of the depression varied by country. However, agricultural regions and communities were disproportionately affected. This was due to the fact that the drop in agricultural prices was greater and more prolonged than the drop in industrial goods prices. As a result, overproduction in agriculture remained a problem. Falling agricultural prices exacerbated the situation. As agricultural incomes and prices fell, farmers tried to increase production and bring more products to market in order to maintain their overall income.
Thus, both the Assertion and Reason are true, and the Reason is the correct explanation of the Assertion.

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