• S.Raghapriya
• Dr.S.Subramanian

The Great depression bursts out with the stock market crash. It spreads all over the world and the people were depressed economically and psychologically. Migration played a vital role of the depression. The people lost their hope towards the government. In U.S. unemployed rate was enhanced and some were pushed out and some lead to death due to the economic loss. Nearly one third of the population lost their job. Many of them became unconscious due to the panic situation. People were tried to sell their vehicles, houses and their properties in need of money. In this queue, India was also affected by the great depression. In 1930’s India was under the rule of British government. India was affected, particularly the economical trade of imports and exports to the foreign countries were affected. Financial crisis placed over there, the total income of trade markets were reduced in India. In order to rescue their previous position, the government raised the tax price. Railway income was also decreased, especially seaborne trade and gold exports was also reduced. In Madras, the crops rate was descended to export due to fall of prices. The raw materials and goods were step down to export. The supply of the raw materials and the agricultural crops were affected the world market.

Depression, Crash, Migration, Unemployment, Crisis, Trade market, Import and export, Poverty, Starvation, Economic fall

"The Great Depression and Madras in 1930'S", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.124-126, July-2019, Available :http://www.jetir.org/papers/JETIR1906T17.pdf

"The Great Depression and Madras in 1930'S", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp124-126, July-2019, Available at : http://www.jetir.org/papers/JETIR1906T17.pdf