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]
(i) Impact on trade : The depression immediately affected Indian trade. India’s exports and imports nearly halved between 1928 and 1934. As international prices crashed, prices in India plunged. Between 1928 and 1934 wheat prices in India fell by about 50 per cent.
(if) Impact on farmers : The fall in prices had a deep impact on the poor farmers. Though agricultural prices fell sharply, but the colonial government refused to give any relief to the farmers in taxes. Peasants producing tor the world market were the worst hit.
(iii) Impact on Urban India : The depression proved less grim for urban India. Because of falling prices those with fixed income- say town-dwelling landowners, who received rents and middle-class salaried employees now found themselves better off. Every thing low cost.
(iv) High Industrial investment : Industrial investment also grew as the government extended tariff protection to industries, under the pressure of nationalist opinion.
(v) Political Impact : The Great Depression paved way for Gandhiji to launch the Civil Disobedience movement.
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]
Give two examples of different types of global exchanges which took place before the 17th century, choosing one example from Asia, and one from the America.
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]
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)]
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.
Define the term ‘Trade Surplus’. How was the income received from trade surplus with India used by Britain? [CBSE 2010, 2012, 2011]
Name the disease which had terrifying impact on people's livelihoods and local economy of Africa during 1890's.
Name any two world institutions which were established under the Bretton Woods. Also mention one objective of each. [CBSE 2014]
Why China and other Asian countries became attractive destination for investment by foreign MNC's ?
What was the impact of the spread of rinderpest or the cattle plague on the African people ? Explain. [CBSE 2009 (O)]
Or
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.
Or
Describe briefly the effects of rinderpest in Africa in the 1890's. [CBSE Sept. 2011, 2012, 2014]
How was the food problem solved in Britain after the scrapping of the ‘Corn Laws’ ? Explain. [CBSE 2009 (O)]
Explain the impacts of scrapping of the Corn Law. [CBSE Sept, 2010, 2014]
Or
What was the result of the abolishing of Corn Laws? [CBSE Sept, 2010, 2012]
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]
Name any two world institutions which were established under the Bretton Woods. Also mention one objective of each.