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]
(i) The scrapping of Corn Laws lead to free trade of food grains.
(ii) After the abolition of Corn Laws, food could be imported into Britain more cheaply than it could be produced within the country.
(iii) British farmers were 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
(iv) Increase in demand due to fall in prices and increase in income leads to mismatch between demand and supply of food grains.
(v) Many countries of the world like Russia. America and Australia and some eastern European countries started exporting food grains to Britain which gave further set back to the local producers.
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 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]
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.
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]
"European conquests produced many painful economic, social and ecological changes through which the colonised societies were brought into the world economy."Explain. [CBSE 2015]
How was the income received from trade surplus with India used by Britain ? [CBSE 2008 (D)]
The agricultural regions and communities were the worst affected by the Great Depression of 1929'. Give one reason.
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.
‘The indentured workers had discovered their own ways of surviving.” Explain. [CBSE 2013]
Or
How did the indentured labourers maintain their cultural identity in other part of the world ? [CBSE 2013]
Why did the European employers find it difficult to recruit labour in Africa ? Give two methods they used to recruit and retain labour. [CBSE 2011)
Or
Why was there a shortage of labour willing to work for wages in Africa in the 1890s ? How did Europeans try to recruit and retain labour ? Explain any two methods. [CBSE 2012]
Or
What methods were used by the European employers to recruit and retain the African labourers ?
What was mass production? Explain its impact on the world economy of earlier 20th century.
Why China and other Asian countries became attractive destination for investment by foreign MNC's ?
Why were the Corn Laws scrapped ? Explain any three reasons.[CBSE Comp. (D) 2008, 2009 (F), Sept. 2011]