History, asked by jagjeetsingh44, 2 days ago

"The first World War created a new economic andpolitical situation in India." Discuss.​

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Answered by singutkarsh2000
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Answer:

THE First World War created a new economic and political situation : It led to a huge increase in defence expenditure which was financed by war loans. Taxes were increased, custom duties were raised and income tax was introduced.

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