Question

explain the implications of the first world war on the economic and political situation of India​

Answer 1

Explanation:

The First World War created a new political and economic situation in India. (i) It led to huge increase in defense expenditure, Custom duties were raised,income tax was introduced to finance the war. (ii) Villagers were called upon to supply soldiers, forced recruitment in rural areas caused widespread resentment.

Answer 2

The First World War led to a significant increase in the Government of India's military spending. In exchange, the government increased taxes on private wages and corporate earnings.

Explanation:

• In India the First World War has produced a new political and economic situation. I It contributed to an immense increase in military spending, increasing customs duty, implementing income tax to fund the war. (ii) Forced mobilization in rural areas created widespread discontent, peasants were called upon to supply troops.
• Rising military spending and demands for supplies of war culminated in a rapid increase in prices that adversely impacted the population.

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