Question

Highlight the major facts about the new economic situation created by First Word War in India?

Answer 1

THE FIRST WORLD WAR HAD MANY ECONOMIC AND POLITICAL BENEFITS. 1.THE DEFENCE EXPENDITURE ROSE 2. THEN THE WAR CREATED DEMANDS FOR INDUSTRIAL GOODS. 3. AS BRITAIN WAS BUSY IN WAR THE INDIAN BUSINESSMEN AND INDIVISUAL GROUPS GOT AN OPPORTUNITY TO INCREASE BUSINESS.EXAMPLE...SETTING UP OF TISCO. 4.THEPOLITICAL PARTIES STARTED INFLUENCING THE PEOPLE. 5. ALL THIS ALTERED THE POLITICAL AND ECONOMIC SITUATION OF INDIA THROUGH THIS THE PEOPLE WERE AGAINST BRITISH AND THUS THIS LED TO THE GROWTH OF NATIONAL MOVEMENT IN INDIA.