Answer:
(i) Before the war,
eastern Europe was a major supplier of wheat in the world market.
(ii) When this supply
was disrupted during the war, wheat production in Canada, America and Australia
increased.
(iii) But
once the war was over, production in eastern Europe was revived and there was
overproduction of wheat.
Grain prices fell,
rural incomes declined and farmers fell deeper into debt.
You need to login to perform this action.
You will be redirected in
3 sec
