Saved Bookmarks
| 1. |
3. Discuss the factors that precipitated the Agricultural Depression. What were theconsequences of this Depression? |
|
Answer» 1)During the Napoleonic Wars, prices of foodgrains were high and farmers expanded production vigorously.Fearing a shortage of labour, they began buying the new threshing machines that had come into the market. The machines, they thought, would help them reduce their dependence on labourers.After the Napoleonic Wars ended, thousands of soldiers returned to the villages. They needed alternative jobs to survive.But this was a time when grain from Europe began flowing into England, prices declined, and an Agricultural Depression set in.2)Anxious, landowners began reducing the area they cultivated and demanded that the imports of crops be stopped.They tried to cut wages and the number of workmen they employed.The unemployed poor tramped from village to village, and those with uncertain jobs lived in fear of a loss of their livelihood.3)Owing to these reasons, the Captain Swing riots spread in the countryside at this time. |
|