Answor in Brief What was the effect of the second world war in India ?
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There were four major consequences of Second World War on India and they included high inflation which was on account of war expenditure, the value of Indian currency took a nose dive, economic imbalances due to currencies exchange problems and the development of exchange control.
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Answor in Brief What was the effect of the second world war in India:
- The immediate effect of the Second World War was acute shortage of essential commodities. The government introduced statutory rationing.
- The anger of the people of India found expression during the Quit India movement.
- There was upsurge of the Indian nationalism.
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