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Yaalini
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Asked: 2021-01-04T06:05:28+00:00 In:

What were the impact of first world war on the economy of Britain?

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NCERT Important Questions for Class 10 Social Science History Chapter 3
Social Science Class 10 History
The Making of a Global World 3
Important Questions
(3/5) Mark Questions

2020-2021cbsechapter 3 the making of a global worldclass 10historyncertsocial science
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    1. Hard to maintain the top position of Britain in Indian market.
      – After first world war Britain had to compete with Japan.
      – Debt taken by America during First world war.
      – Fall in demand of goods due to the end of war caused fall in production and increase in unemployment.
      – The heavy taxes imposed by the government to fulfill the losses of war which causes great fall in employment.

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