Describe the effects of Great Depression of the 1930s on Vietnam.
The effects of the Great Depression of the 1930s on Vietnam were as mentioned below : The prices of rubber and rice fell. As a result of falling prices, the rural debts rose. Unemployment increased. There were rural uprisings as in the provinces of Nghe An and Ha Tinh which were among the poorest and had an old radical tradition. In February 1930, Ho Chi Minh brought together competing nationalist groups to establish the Vietnamese Communist Party later renamed the Indo-Chinese Communist Party He was inspired by the militant demonstrations of the European communist parties.
