Question

what is the impact of economy in india after first world war ​

Answer 1

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Answer 2

impact of first world war

# the war changed the economic and political situation in our country

# led to huge increase in the defence expenditure, which was financed by war loans and increasing taxes

# custom duties were raised and income tax was introduced

# prices increased, doubling between 1913 and 1918, leading extereme hardship for the common people

#villages were called upon to supply soldiers n the forced recruitment in rural areas caused widespread anger

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