Question

what was the impact of first world war on the economic condition of India?Explain Briefly.

Answer 1

Answer:

men money

Explanation:

before India was colony of England so it should do what Britishers say so they have to participate in world war 1 as the England is in the war and the England appointed Indians as soldiers but Britishers as commanders so men will be dead and next due to war they increased the taxes so that the economy of the India is decreased

Answer 2

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The war created a new economic and political situation:

• It led to a huge increase in defence expenditure which was financed by war loans and increasing taxes, customs duties were raised , and income tax introduced.
• Through the war years, prices increased– doubling between 1913 and 1918 – leading to extreme hardships for the common people.
• Villagers were called upon to supply soldiers, and the forced recruitment in rural areas caused widespread anger.

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