Answer:
(i) The indebtedness of
Indian peasants increased. They used up their savings, mortgaged lands and sold
whatever jewellery and precious metals they had, to meet their expenses.
(ii) In these
depression years India became an exporter of precious metals, notably gold.
(iii) Indian
global economic recovery certainly helped speed up Britain's recovery but did
little for the Indian peasants.
(iv) Rural India was
thus seething with unrest when Mahatma Gandhi launched the Civil Disobedience
Movement at the height of the depression in 1931.
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