Question

discuss the economic conditions in India after world war 1 class 10th​

Answer 1

Answer:

The accelerated export of the items from India caused scarcity in the domestic market. Prices rose sharply bringing immense distress to the low and middle class consumers. The food prices plunged as high as 93%. Jute bag was among the non-food item that was in great demand in the war front.

Answer 2

Answer:

the economic condition of India after world War 1 was-

1.prices of all essential commodities were increased which led to extreme hardship.

2.there was plaque epidemic.

3.there was extremely bad harvest.

4.there was forced recruitment in villages.

5.British govt. increased taxes to finanace the war expenditure.

6.custom duties were raised and income tax was introduced