Question

what were the effects of first world war on Indian economy​

Answer 1

Answer:

the british looted the indian wealth for WW1 (world war 1) for ammunation and guns.

Explanation:

the british wasn't having enough money for the war as there were many other countries.

Answer 2

The First World War deeply affected India though it was under the British rule at that time. The Following points state its impact

(i) The British Government raised taxes, custom duties and income taxes in India to finance the war expenditures.

(ii) Villagers and farmers were forcefully recruited in the British army.

(iii) There was a rise the prices of food and other essential things.The First World War deeply affected India though it was under the British rule at that time. The Following points state its impact

(i) The British Government raised taxes, custom duties and income taxes in India to finance the war expenditures.

(ii) Villagers and farmers were forcefully recruited in the British army.

(iii) There was a rise the prices of food and other essential things.