Question

What economic impact did the First World War have on India?​

Answer 1

Economic Impact of First world war

(i)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. (ii)Increased military expenditure and the demands for war supplies led to the sharp rise in prices which badly affected the common mass.

Answer 2

Answer:

This is the answer

hope it helps you