how did the first world war afect the economical condition of india?..
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Answer:
Explanation:
- The First World War changed the political and economical situation of India which led to an increase in defence expenditure. This was further financed by war loans and increasing taxes.
- Moreover, during the war years, from 1914 to 1918, the prices of essential commodities like foodgrains rose sharply, which led to hardship among the commoners.
- The villagers and farmers were forcefully recruited into the British Army. This caused widespread anger.
- Those who participated in the war had also faced hardships.
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The first world war caused India go bankrupt.
Explanation:
- It has caused India nearly bankrupt with a major loss in causalities.
- In order to finance the war,custom duties and defense expenditure were raised to enormous height,along with prices of things getting doubled.
- With the forced recruitment of villagers there was a widespread anger.
- Negligence to other issues led to failure to crop in many parts that certainly led to shortage of food and widespread disease.
- With a major causalities in defense sector,there was a huge fall in economy.
Learn more about economic status of India after first world war.
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