what are the economic effects on mdia form the first world war
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The heavy reparations, combined with the devastated economic infrastructure throughout Germany and political tension under the Weimar Republic, led to an economic depression. Hyperinflation and unemployment in Weimar Germany were staggering.
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Dekh Bhai Tera answer explanation mein hai
Explanation:
(I)The first world war created a new econmi and political situation.
(II) It led to a huge rise in defence expenditure which was financed by war loans and increasing taxes: custom duties were raised and income ax introduced.
(III) It also led to huge increase in prices - doubling between 1913 and 1918- which caused many problems to the common people.
these were the economic effects on India after world war 1
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