History, asked by narasimharohith5025, 1 year ago

How does first World War created a new economic situation in india?

Answers

Answered by Sanderskids4
4
It lead to increase in defense expenditure that was financed by war loans, increase in taxes, custom duties were raised and income tax was introduced.
during the war years the prices of things increased, doubling between 1913 and 1918 that lead to extreme hardships for common people.
Villagers were called to supply soldiers, and the forced recruitment in rural areas caused universal anger.
Hope this helps!
Similar questions