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

We find area when a region covered by a boundary, such as outer and inner surface area of a cylinder, a cone, a sphere and surface of wall or floor.  When...

The First World War changed the economic and political situation in India. There was a sharp price rise which increased the problems of the common people. The business groups reaped 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...

Three examples are as follows : (i) Many common foods, e.g.., potatoes, soya, tomatoes, maize, etc., were introduced to Europe from America. These crops made a difference between life and death....

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 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...

New readers in the 19th century included children, women and workers.  (i) As primary education became compulsory in the late 19th century, children became an important category of readers. School textbooks...