trace the effect of world war 1 in India's economy during the early 20th century
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The First World War led to a huge rise in the defence expenditure of the Government of India. ... The war created a demand for industrial goods such as jute bags, cloth and rails, and caused a decline in the imports from other countries into India. As a result, Indian industries expanded during the war.
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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.
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