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India's GDP (PPP) per capita was stagnant during the Mughal Empire and began to decline prior to the onset of British rule. [15] India's share of global industrial output declined from 25% in 1750 to 2% in 1900. [14] From 1600 to 1871 the ratio of GDP per capita in India to that in Britain fell from more than 60% to less than 15%. [16]
The Ottomans entered the war to escape from European domination, rather than as a German proxy and had imperial ambitions in North Africa, Central Asia and the Near East. In October 1914, Enver Pasha devised a war plan which included a jihad and an invasion of Egypt.
The Togoland Campaign (9–26 August 1914) was a French and British invasion of the German colony of Togoland in West Africa (which became Togo and the Volta Region of Ghana after independence) during the First World War. The colony was invaded on 6 August, by French forces from Dahomey to the east and on 9 August by British forces from Gold ...
500 BC Silver punch-marked coins [1] were minted as currency belonging to a period of intensive trade activity and urban development by the Mahajanapadas. [2] [3]1 AD Indian subcontinent under the Gupta Empire united much of the subcontinent, contained 33.21% of the world’s population and contributed to around 33 to 35% of World's GDP [3] and generated an estimated average of $450 (1990 ...
Russian Public Finance During the War (Yale U.P. 1928.) Badcock, Sarah. "The Russian Revolution: Broadening Understandings of 1917." History Compass 6.1 (2008): 243–262. Historiography online [dead link ] Barnett, Vincent. "Keynes and the non-neutrality of Russian war finance during World War One," Europe-Asia Studies (2009) 61#5 pp 797–812.
Although ancient India had a significant urban population, much of India's population resided in villages, whose economies were largely isolated and self-sustaining. [citation needed] Agriculture was the predominant occupation and satisfied a village's food requirements while providing raw materials for hand-based industries such as textile, food processing and crafts.
The United States was involved in at least one hostile encounter with Germans in the Pacific during World War I. On 7 April 1917, SMS Cormoran was scuttled in Apra Harbor, Guam to prevent her capture by the auxiliary cruiser USS Supply. The Americans fired their first shots of the war at the Germans as they attempted to sink the ship.
The aftermath of World War I saw far-reaching and wide-ranging cultural, economic, and social change across Europe, Asia, Africa, and even in areas outside those that were directly involved. Four empires collapsed due to the war, old countries were abolished, new ones were formed, boundaries were redrawn, international organizations were ...