Question

what are the economic effect on indra from the first word war .​

Answer 1

The First World War led to a huge rise in the defence expenditure of the Government of India. The government in turn increased taxes on individual incomes and business profits.

The First World War created a new political and economic situation in India.

• It led to huge increase in defense expenditure, Custom duties were raised,income tax was introduced to finance the war.

• Villagers were called upon to supply soldiers, forced recruitment in rural areas caused widespread resentment.

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Answer 2

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