Question

why did indian merchants and industrialists had huge profits during first world war? Give reason. ​

Answer 1

Answer:

During the 1st World War Indian merchants and industrialists had made huge profits and became powerful. 2) They wanted protection against imports of foreign goods and a Rupee Sterling foreign exchange ratio that would discourage import. ... 4) They gave financial assistance and refused to buy or sell imported goods.

Explanation:

(i) During the 1st World War, Indian merchants and industrialists had made huge profits and became powerful. (ii) They wanted protection against imports of foreign gods and a Rupee Sterling foreign exchange ratio that would discourage import. ... (iv) They gave financial assistance and refused to buy or sell imported gods

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Answer 2

Explanation:

The Indian merchants and industrialists had huge profits during First world war because the demand of Indian products like tamarind, pepper etc. Thus the Indian market had alot of profit..