What were the impacts of the Bretton Woods system ? Explain.
(i) Bretton Woods system inaugurated an era Of unprecedented growth of trade and income for the Western industrial nations and Japan.
(ii) It provided a big boost to the world trade which grew annually at over 8 per cent between 1950 and 1970. and incomes at nearly 5 per cent.
(iii) The grow-h was also mostly stable, without large fluctuations.
(iv) The system also controlled the unemployment which averaged less than 5 per cent in most industrial countries.
(v) These decades also saw the worldwide spread of technology and enterprise. Developing countries were in a hurry to catch up with the advanced industrial countries. Therefore, they invested vast amounts of capital, importing industrial plans and equipment featuring modern technology.
Write any three factors responsible for indentured labour migration from India. [CBSE Sept. 2010. 2013]
Name any two Indian groups of bankers who financed export agriculture in Central and South-east Asia.
‘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]
"Food offers many examples of long distance cultural exchange."Explain. [CBSE Sept. 2011]
Or
Assess with examples the contribution of food to the process of globalisation of the early periods. [CBSE 2012]
Explain the impact of the Great Depression on the Indian economy. [CBSE Sept. 2010, 2014]
Or
Explain the impact of the Great Depression on Indian farmers in the early twentieth century. [CBSE 2009 (F), Sept. 2012]
Give three examples to show that the world changed with the discovery of new sea routes to America. [CBSE Sept. 2010, 2011, 2012]
Before the arrival of outsiders most of the Africans had a little reason to work for a wage’. Give reasons.
How was the income received from trade surplus with India used by Britain ? [CBSE 2008 (D)]
Name the economist who thought that India gold exports during the Great Depression of 1929 promoted global economic recovery.
Name any two world institutions which were established under the Bretton Woods. Also mention one objective of each. [CBSE 2014]
What do you know about the Great Depression ? Explain the major factors responsible for the Great Depression. [CBSE 2008 (F), Sept. 2010, 2011, 2012, 2013]
Highlight three main features of life of African people before the coming of Europeans. [CBSE 2013]
India played a crucial role in the late 19th century world economy”. Explain. [CBSE 2014]
Why thousands of people fled Europe for America in the 19th century ?
Or
Why did thousands of people flee away from Europe to America in the 19th century ? Give any three reasons. [CBSE Sept. 2010]
What is difference between international momentary system and the Bretton Woods system?
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.
What is NIF.O ?
Or
Why did Group 77 countries demand a New International Economic Order ? Explain. [CBSE 2009 (D). Sept, 2010]
Or
Why did most of the developing countries organise themselves as a group the Group of 77 (G-77) ? [CBSE 2012)
Name the disease which had terrifying impact on people's livelihoods and local economy of Africa during 1890's.
Name any two countries which became major supplier of wheat during the First World War.
"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 importance of Silk Routes ?
Or
How did Silk Routes link the world ? Explain with three suitable examples. [CBSE 2008 (D)]
Or
Explain any three characteristics of Silk Routes. [CBSE Comp. (D) 2008, Sept. 2010, 2012]
Or
Enumerate the importance of Silk Routes. [CBSE Sept. 2010]