Question

how had the first world war created economic problem??? explain with a example?​

Answer 1

Hiii

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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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Answer 2

Answer:

1- It led to a huge rise in the defence expenditure of the Government of India. 2- It speeded up the process of Industrialisation. 3- It created a demand of industrial goods and caused a decline of import from the other countries in to India.