| The Great Depression affected the international financial and commodity markets, including China. This thesis examines the origin of the depression of the rural Yangzi community in the early 1930s. As one of the most commercialized regions in China, the Yangzi delta had experienced radical transformation as both peasants and landlords were suffering greatly from the continuing economic slump. Throughout the research about the dynamics between the domestic trade and international trade, as well as the relationships between the landlords, local government officials and peasants, this thesis suggests that the economic depression was largely a consequence of the joint effect of both the internal and external factors. |
