Social Sciences, asked by rajsmitarana, 11 months ago

How was defence expenditure of World war 1 financed?

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Answered by vinay1393

2

Answer:

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Answered by kanupriya59

4

Hlo dued...

✨War was finance by war loans and increasing taxes. Custom duties were raised and income tax was introduced. Explanation: By 1916, Britain was funding most of the Empire's war expenditures, all of Italy's and two thirds of the war costs of France and Russia, plus smaller nations as well.

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