Question

What was the impact of first world war on the social economy Conditions of the world explain

Answer 1

• Effects of first world war on India are :-

•  The war created a new economic and political situations.  

•  It led to huge increase in 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. This hit common people.  

•  Villagers were asked to supply soldiers and through force recruitment in rural areas.

•  Spread of influenza epidemic and death of 12 to 13 million people.