How had the First World War created a new economic situation in India ? Explain with three examples. -SST 10th

How had the First World War created a new economic situation in India ? Explain with three examples. -SST 10th
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First World War created a new economic situation by: 1. New taxes like income tax were introduced and customs duties were raised to finance increasing war expenditure.  2. Prices of goods almost doubled in the few years and became a huge burden for the poor. 3. There was crop failure in many parts of India which led to a shortage of food.
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