"The First World War created favorable conditions for development of i

1.	"The First World War created favorable conditions for development of industries in5India." Explain with examples.
Answer» The First World War created a newpoliticaland economic situation in India. (i) It led to huge increase indefense expenditure, Custom duties were raised,income tax was introduced to finance the war. (ii) Villagers were called upon to supply soldiers, forcedrecruitmentinruralareas causedwidespread resentment Thewarchanged the economical balance of theworld, leaving European countries deep in debt and making the U.S. the leading industrial power and creditor in theworld. Inflation shot up in most countries and the Germaneconomywas highly affected by having to pay for reparations.

"The First World War created favorable conditions for development of industries in5India." Explain with examples.

Answer»

The First World War created a newpoliticaland economic situation in India. (i) It led to huge increase indefense expenditure, Custom duties were raised,income tax was introduced to finance the war. (ii) Villagers were called upon to supply soldiers, forcedrecruitmentinruralareas causedwidespread resentment

Thewarchanged the economical balance of theworld, leaving European countries deep in debt and making the U.S. the leading industrial power and creditor in theworld. Inflation shot up in most countries and the Germaneconomywas highly affected by having to pay for reparations.

Discussion

No Comment Found

Related InterviewSolutions

6. Name any three medicinal plants with their uses.
Name any four plants with medicinal value.
What role does opposition political party play in Indian politics?oes democracy produce an 'accountable government?
Name the program that allows high level language to interrelate with a hardware device.
Explain the statement,' there is a general consensus of high level of buffer stock of food grains is very undesirable and wasteful.' (5mark question)
who was Columbus
ind out where records are kept in your village orty. Who writes these records? Is there an archive?ho manages it? What kinds of documents are storedere? Who are the people who use it?
Project:Take weights of five of your friends.Find out what their weights will be on themoon and the Mars.
Give four examples of adjacent angles in daily life.
when do they use this direction in daily life