Is it true that the effect of the worldwide economic depression was seen in the late 1920s?

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True

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answer is A.

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Detailed Solution

The above statement is true.
The effect of the worldwide economic depression was seen in the late 1920s. This depression affected India's trade and decreased the exports as there was a crash in international prices, and also Agricultural prices began to fall from 1926 and collapsed after 1930. It became difficult for peasants to sell their harvests and pay their revenue when the demand for agricultural goods fell. Exports declined, which increased the debts of the peasants. Many peasants had to sell their lands. The countryside was in turmoil by 1930. The economic instability which the colonial rule provided an opportunity for Mahatma Gandhi to launch the civil disobedience movement in 1930. Hence, the statement is true.

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