Print Friendly, PDF & Email

The prolonged nature of the Depression was influenced by a combination of factors, including policy mistakes, the slow recovery of the banking sector, and the global scope of the crisis. Analyse

Topic: History of the world will include events from 18th century such as industrial revolution, world wars, redrawal of national boundaries, colonization, decolonization, political philosophies like communism, capitalism, socialism etc.— their forms and effect on the society.

2. The prolonged nature of the Depression was influenced by a combination of factors, including policy mistakes, the slow recovery of the banking sector, and the global scope of the crisis. Analyse. (250 words)

Difficulty level: Moderate

Reference: Insights on India

Why the question:

The question is part of the static syllabus of General studies paper – 2 and mentioned as part of Mission-2024 Secure timetable.

Key Demand of the question:

To write about the causes of the Great Depression.

Directive word: 

Analyse – When asked to analyse, you must examine methodically the structure or nature of the topic by separating it into component parts and present them in a summary.

Structure of the answer:

Introduction: 

Begin by giving context of the Great Depression.

Body:

First, write in detail about the various factors that contributed to the Great Depression – world war-I, Unstable economies, inflation, improper lending etc.

Next, write about the impact caused by the Great Depression on the global economy.

Conclusion:

Conclude by writing measures taken to tackle the Great Depression.