Question

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

Answer 1

The first world war was started in 1914 .It led to thend huge rise in the defence expenditure of first
the government of india.The government in turn increased taxes on individual

Answer 2

Explanation:

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.