Explain the impact of the First World War on the British economy...

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) The prolongation of U.S. war with Vietnam created a strong reaction within the U.S. It was clear that U.S. had failed to achieve its objectives. (ii) Vietnamese resistance had not...

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) 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...

Large-scale outflow of foreign capital from the economy will reduce resources and thus production potential of the country will fall. Fall in production potential, in turn, will shift the PPC...