The decision of MNCs to relocate production to Asian countries.
a) When the Corn Laws were abolished, food could be imported into Britain more cheaply than it could be produced within the country. British agriculture was unable to compete with imports. Vast areas of land were now left uncultivated, and thousands of men and women were thrown out of work. They flocked to the cities or migrated overseas.
b) Rinderpest , a cattle disease, arrived in Africa in the late 1880s. It was carried by infected cattle imported from British Asia to East Africa. Entering Africa in the east, rinderpest moved west ‘like forest fire', reaching Africa's Atlantic coast in 1892. It reached the Cape five years later. Along the way rinderpest killed 90 per cent of the cattle. The loss of cattle destroyed African livelihoods. Planters, mine owners and colonial governments now successfully monopolised what scarce cattle resources remained, to strengthen their power and to force Africans into the labour market. Control over the scarce resource of cattle enabled European colonisers to conquer and subdue Africa.
c) The First World War (1914-18) was mainly fought in Europe. To fight the war, millions of soldiers had to be recruited from around the world and moved to the frontlines on large ships and trains. The scale of death and destruction 9 million dead and 20 million injured was unthinkable. Most of the killed and maimed were men of working age. These deaths and injuries reduced the able-bodied workforce in Europe. With fewer numbers within the family, household incomes declined after the war.
d) The depression immediately affected Indian trade. India's exports and imports nearly halved between 1928 and 1934. As international prices crashed, prices in India also plunged. Between 1928 and 1934, wheat prices in India fell by 50 per cent. Peasants and farmers suffered more than urban dwellers. Though agricultural prices fell sharply, the colonial government refused to reduce revenue demands. Peasants producing for the world market were the worst hit.
e) The relocation of MNCs to low-wage countries stimulated world trade and capital flows. In the last two decades the world's economic geography has been transformed as countries such as India, China and Brazil have undergone rapid economic transformation.
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.
Name any two countries which became major supplier of wheat during the First World War.
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]
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)]
Highlight three main features of life of African people before the coming of Europeans. [CBSE 2013]
"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)]
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]
Explain how the global transfer of disease in the pre-modern world helped in the colonisation of the Americas.
India played a crucial role in the late 19th century world economy”. Explain. [CBSE 2014]
‘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]
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]
How was the income received from trade surplus with India used by Britain ? [CBSE 2008 (D)]
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.
Name the disease which had terrifying impact on people's livelihoods and local economy of Africa during 1890'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]
How was the food problem solved in Britain after the scrapping of the ‘Corn Laws’ ? Explain. [CBSE 2009 (O)]