1. Discuss the impact of World War 1 on the economic conditions in India. Give three points
Answers
Answer:
Economic Impact
There was a sharp increase in demand for Indian goods in Britain as production capabilities in Britain itself were diverted to the war
•Demand for food supplies, particularly cereals, led to rampant food inflation.
•Another result was inflation. Industrial prices nearly doubled in the six years after 1914. Accelerating prices benefitted Indian industry.
•There was excess demand as well as supply bottlenecks.
Explanation:
Social Impact
Between 1911 and 1921, literacy rates increased significantly in heavily recruited communities. This effect is strongest for men of military age, which is consistent with the notion that soldiers learned to read and write on their foreign campaigns.
Respect for particular communities who participated in the war grew in the society.
The huge number of non-combatants were also recruited from India- such as nurses, doctors etc. leaving Indian society deprived of essential services in a situation where such skills were already scarce in India.