Question

what was the impact of the first world war on the economic condition in India

Answer 1

The gradually increase in sale of textiles as the wae was b/w eurpoe and an other country so india was able to establish cotton textile industry in europe and britain

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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