how had the first world war created a new economic situation
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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.
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impact on common people are.....
- political disorder
- obstacles in development
- price rise
- lack of essential goods
- social and moral decline
- increase Increasing taxtation
- destroyed the houses and land...
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