The conversation between human and AI assistant.
How does demonetization of the 500 and 1000 notes bring down the real estate price?
Did any other sectors get affected by demonetization?
Yes, several sectors were impacted by demonetization. It affected the agriculture sector, small businesses, and the informal sector the most. With a shortage of cash, small businesses struggled to pay salaries and vendors. The agriculture sector was impacted as farmers were not able to purchase seeds, fertilizers, and other essential inputs. The informal sector, which largely operates on cash, was hit hard as well.