Explain the three types of movements or flows within international economic exchange. Find one example of each type of flow which involved India and Indians, and write a short account of it.
Historically, fine cottons produced in India were exported to Europe. With industrialisation, British cotton manufacture began to expand, and industrialists pressurised the government to restrict cotton imports and protect local industries. Tariffs were imposed on cloth imports into Britain. Consequently, the inflow of fine Indian cotton began to decline.
Indigo used for dyeing cloth was another important export for many decades. Opium shipments to China grew rapidly from the 1820s to become, for a while, India's single largest export. Britain grew opium in India and exported it to China and, with the money earned through this sale, it financed its tea and other imports from China.
Over the nineteenth century, food grain and raw material exports from India to Britain and the rest of the world increased. But the value of British exports to India was much higher than the value of British imports from India.
Thus Britain had a trade surplus' with India. Britain used this surplus to balance its trade deficits with other countries. By helping Britain balance its deficits, India played a crucial role in the late-nineteenth-century world economy.
Define the term ‘Trade Surplus’. How was the income received from trade surplus with India used by Britain? [CBSE 2010, 2012, 2011]
Name the economist who thought that India gold exports during the Great Depression of 1929 promoted global economic recovery.
Explain the impact of the First World War on Britain.
Or
How did the First World War change the economic life of the people in Britain ? Explain. [CBSE 2008 (D)]
Or
Describe in brief the world economic conditions of the post First World War period. [CBSE 2010 (D), Sept. 2012, 2013]
Highlight three main features of life of African people before the coming of Europeans. [CBSE 2013]
Name any two countries which became major supplier of wheat during the First World War.
What were the main sources of attraction for Europeans to come to Africa in the late nineteenth century ? How did they exploit their resources ? [CBSE 2010 (F)]
‘The First World War was modern industrial war’. Explain.
Or
Explain how the First World War was so horrible a war like none other before. [CBSE 2010 (0)]
Or
How far is it correct to say that "The First World Wax was the First modem industrial war”? Explain. [CBSE Sept. 2010]
Explain how the global transfer of disease in the pre-modern world helped in the colonisation of the Americas.
"European conquests produced many painful economic, social and ecological changes through which the colonised societies were brought into the world economy."Explain. [CBSE 2015]
What was the impact of the spread of rinderpest or the cattle plague on the African people ? Explain. [CBSE 2009 (O)]
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How did rinderpest change .the economy of the African society ? [CBSE Sept. 2010, 2011]
Or
Explain the social impact of introduction of rinderpest in Africa.
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Describe briefly the effects of rinderpest in Africa in the 1890's. [CBSE Sept. 2011, 2012, 2014]
India played a crucial role in the late 19th century world economy”. Explain. [CBSE 2014]
Name the disease which had terrifying impact on people's livelihoods and local economy of Africa during 1890's.
How was the income received from trade surplus with India used by Britain ? [CBSE 2008 (D)]
What was mass production? Explain its impact on the world economy of earlier 20th century.
Write any three factors responsible for indentured labour migration from India. [CBSE Sept. 2010. 2013]
Why China and other Asian countries became attractive destination for investment by foreign MNC's ?
Explain the social and economic impacts of the First World War. Suggest any two ways to save the world from the Third World War.
Or
"The First World War was mainly fought in Europe but its impact was felt around the world."Explain by giving examples.
Or
What was the impact of the First World War on the socio-economic conditions of the world ? Write four points. [CBSE Sept. 2010, 2011]
Explain the three types of movements or flows within international economic exchange. Find one example of each type of flow which involved India and Indians, and write a short account of it.