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.
India played a crucial role in the late 19th century world economy.” Explain by giving an example.
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What was the importance of the Indian trade for the Britishers ?
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How did India play a crucial role in the nineteenth century world economy ? Explain with examples. [CBSE Comp. (O) 2008]
What were the main reasons for the attraction of Europeans to Africa ? [CBSE Sept. 2010, 2014]
Why was there a need for clearing lands in Britain during the nineteenth century ? Explain any three reasons.
[CBSE Comp. (D) 2008]
Give two examples of different types of global exchanges which took place before the seventeenth century, choosing one example from Asia and one from the Americas.
How was the income received from trade surplus with India used by Britain ? [CBSE 2008 (D)]
Explain what is referred to as the G-77 countries. In what ways can G-77 be seen as a reaction to the activities of the Bretton Woods twins?
What is NIF.O ?
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Why did Group 77 countries demand a New International Economic Order ? Explain. [CBSE 2009 (D). Sept, 2010]
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Why did most of the developing countries organise themselves as a group the Group of 77 (G-77) ? [CBSE 2012)
"Food offers many examples of long distance cultural exchange."Explain. [CBSE Sept. 2011]
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Assess with examples the contribution of food to the process of globalisation of the early periods. [CBSE 2012]
What was the importance of Silk Routes ?
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How did Silk Routes link the world ? Explain with three suitable examples. [CBSE 2008 (D)]
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Explain any three characteristics of Silk Routes. [CBSE Comp. (D) 2008, Sept. 2010, 2012]
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Enumerate the importance of Silk Routes. [CBSE Sept. 2010]
Explain the impact of the Great Depression on the Indian economy. [CBSE Sept. 2010, 2014]
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Explain the impact of the Great Depression on Indian farmers in the early twentieth century. [CBSE 2009 (F), Sept. 2012]
Name any two world institutions which were established under the Bretton Woods. Also mention one objective of each.
Why thousands of people fled Europe for America in the 19th century ?
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Why did thousands of people flee away from Europe to America in the 19th century ? Give any three reasons. [CBSE Sept. 2010]
‘The First World War was modern industrial war’. Explain.
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Explain how the First World War was so horrible a war like none other before. [CBSE 2010 (0)]
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How far is it correct to say that "The First World Wax was the First modem industrial war”? Explain. [CBSE Sept. 2010]
What steps were taken by the British government to improve agriculture in West Punjab ?
Before the arrival of outsiders most of the Africans had a little reason to work for a wage’. Give reasons.
Name any two Indian groups of bankers who financed export agriculture in Central and South-east Asia.
Name any two countries which became major supplier of wheat during the First World War.