Explain the three impacts of the First World War on the British economy.

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...

(i) Majority of the people killed in the first World War were the men of working age. It reduced able bodied workforce in Europe. (ii) With fewer members within the family,...

(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...

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) Sri Lanka emerged as an independent country in 1948. The leaders of the Sinhala Community sought to secure dominance over government by virtue of their majority.  (ii) As a result,...

(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...

(i) Attempts were made to decongest localities, Green the open spaces, reduce pollution and landscape in the city. (ii) Large blocks of apartments were built in the city like Berlin and...

(i) Green the open spaces, reduced pollution and landscape the city. (ii) Large blocks of apartment were built in the city like Berlin and New York which had the similar housing...