What was mass production? Explain its impact on the world economy of earlier 20th century.
Production of goods on large-scale with the help of machines is known as mass production.
Impact :
(i) Mass production lowered costs and prices of engineered goods Thanks to higher wages, more workers could now afford to purchase durable consumer goods such as cars. Car production in US rose from 2 million in 1919 to more than 5 million in 1929.
(ii) The demand for refrigerators, washing machines, etc. was also fuelled by a boom in house construction and home ownership, financed once again by loans.
(iii) The housing and consumer boom of the 1920s created the basis of prosperity in the US. Large investments in housing and household goods seemed to create a cycle of higher employment and incomes, rising consumption demand, more investment, and yet more employment and incomes.
How was the income received from trade surplus with India used by Britain ? [CBSE 2008 (D)]
Define the term ‘Trade Surplus’. How was the income received from trade surplus with India used by Britain? [CBSE 2010, 2012, 2011]
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]
Why was there a need for clearing lands in Britain during the nineteenth century ? Explain any three reasons.
[CBSE Comp. (D) 2008]
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.
Why were the Corn Laws scrapped ? Explain any three reasons.[CBSE Comp. (D) 2008, 2009 (F), Sept. 2011]
Explain how the global transfer of disease in the pre-modern world helped in the colonisation of the Americas.
Highlight three main features of life of African people before the coming of Europeans. [CBSE 2013]
What were the main reasons for the attraction of Europeans to Africa ? [CBSE Sept. 2010, 2014]
“The example of indentured labour migration from India and other parts of the world illustrates the two-sided nature of the 19th century"world.” Explain by giving examples.
Or
Why 19th century indentured has been described as a ‘new system of slavery’ ? Explain. [CBSE Sept. 2010, 2012, 2014]
G-77 can be seen as a reaction to the activities of Bretton Woods Twins. Explain the statement with five arguments. [CBSE 2013]
India played a crucial role in the late 19th century world economy.” Explain by giving an example.
Or
What was the importance of the Indian trade for the Britishers ?
Or
How did India play a crucial role in the nineteenth century world economy ? Explain with examples. [CBSE Comp. (O) 2008]
Mention any two factors which were responsible for price rise of food grains in Britain in the late 18th century.
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.
Why China and other Asian countries became attractive destination for investment by foreign MNC's ?
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]
Explain the role of technology in shaping the world economy of the 19th century. [CBSE 2010 (D)]
Or
What was the impact of technology on food availability ? Explain with the help of examples. [CBSE Sept. 2010, 2011, 2014]
Or
What was the role of technology in transforming in the 19th century world ? Explain with an example. [CBSE Sept. 2010]