What economic impact did the First World War have on India?

(i) The spread of the ideas of romantic nationalism in the Balkans together with the disintegration of the Ottoman Empire made this region very explosive. (ii) The Balkan area became an...

Three points on the First World War/s impact on the economic situation in India are given Below : (i) It speeded up the process of industrialization. (ii) It led to a huge...

(i) After the war, Britain found it difficult to recapture its earlier position of dominance in the colonial market. (ii) To finance war, expenditures, Britain had borrowed from the U.S. At...

Post First World War period economic conditions: (i) Britain which was world's leading economy in the pre-war period faced a prolonged crisis. (ii) Indian and Japanese industries were developed as Britain was...

(i) Unlike earlier wars, most of the deaths took place outside the battlefield. (ii) More civilians than soldiers died from war. (iii) Vast parts of Asia and Europe were devastated. (iv) Cities were destroyed. (v)...

The United States of America.

The steps taken are as follows :  (i) Bretton Woods Conference established IMF to deal with external surplus and deficit of its members. (ii) The World Bank was set up to finance...

(i) The First World War created a dramatically new situation.Till then industrial production had been slow. (ii) British mills were busy with war production to meet the needs of the army....

The first world war affected the socio-economic conditions of the world in the following ways: (i) Entire Societies were reorganized for war— as men went to battlefields, women stepped in to...

(i) After the war, Britain found it difficult to recapture its earlier position of dominance in the colonial market. (ii) To finance war expenditures, Britain had borrowed from the U.S. At...