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Que.No.1:- What is El Dorado ?
Answer : It was considered to be the the fabled city of gold for which many expeditions were set off to find it.
Que.No.2:- State any one factor for the Great Depression ?
Answer : Agricultural over production and falling agricultural.
Que.No.3:- What were corn laws ? Why were they passed ?
Answer : Government to restrict the import of corn. Under pressure from landed groups.
Que.No.4:- What was Rinderpest ?
Answer : It was a fast spreading disease of cattle plague that affected Africa in 1980.
Que.No.5:- What were canal colonies in Punjab ?
Answer : The canal colonies consisted of area irrigated by the new canals.
Que.No.6:- What was the period of the Great Depression ?
Answer : Around 1929.
Que.No.7:- What do you understand by exchange rates ?
Answer : Linking national currencies for purposes of international trade.
Que.No.8:- What do you understand by ‘Indentured Labour’ ?
Answer : For a specific amount of time to pay off his passage to a new country or home.
Que.No.9:- What does the names ‘Silk roots’ point to ?
Answer : Importance of west bound Chinese silk cargoes along the route.
Que.No.10:- How were human societies interlinked in ancient times ?
Answer : By travelers, traders, priests and pilgrims who travelled vast distances for knowledge and spiritual fulfillment or to escape persecution.
Que.No.11:- Mention any three sources of interlinkage between nations in ancient times.
Answer : i) They carried goods, money, ideas, inventions and even germs.
ii) As early as 3000 BCE an active coastal trade linked the Indus valley civilization.
iii) From the ninth century images of ships appear regularly in memorial stones found in the western.
Que.No.12:- What is meant by the Bretton Woods Agreement ?
Answer : i) The main aim of the past war international economic system was to preserve economic stability.
ii) The U. N monetary and financial conference held in July 1944 at Bretton Woods in New Hampshire in USA agreed upon its framework.
Que.No.13:- Food offers many examples of long distance cultural exchange ? Support your answer with three examples.
Answer : i) Travelers and traders introduced new crops to the lands they travelled. Even ready food stuff in distant parts of the world.
ii) Arab trades took pasta to fifth century Sicily (Itly).
iii) Our major common food are potatoes, soya, tomatoes etc.
Que.No.14:- Describe three types of movements or flows within International Economic Exchanges in the 19th century ? What were its effects ?
Answer : i) First is the flow of trade which is referred largely to trade in goods.
ii) Second is the migration of people in search of employment.
iii) Third is the movement of capital.
Que.No.15:- Describe various methods employed by the Europeans to recruit and retain labour in Africa ?
Answer : i) Heavy taxes were imposed.
ii) Inheritances laws were changed which displayed the peasants from land.
iii) Mine workers were also confined in compounds and not allowed to move about freely
Que.No.16:- India played a crucial role in the late 19th century would economy. – Explain with examples.
Answer : i) When the value of exports is more than value of import it is called trade surplus.
ii) Over 19th century exports from India to Britain and the rest of the world increased.
iii) Britain used the surplus to balance its trade deficits with other countries.
What is meant by Trade Surplus with India ?
Answer : Same above.
Que.No.17:- Explain the impacts of the 1st World War on Brithish economy ?
Answer : i) Past war recovery was a difficult process in Britain because during the war Industries had developed in Japan and India.
ii) It had borrowed huge amount from US to meet war exoenditures.
Iii) The war had led to economic boom due to large increased in demand.
Que.No.18:- Why did developing countries organize the G-77 ? Give three reasons.
Answer : i) The IMF and World Banks were designed to meet the financial needs of the Industrial countries.
ii) Not equipped to cope with the challenge of poverty.
iii) Colonial powers still controlled and exploited vital external resources.
What was the group of 77 ? Why was it formed ? Describe its aim and activities.
Answer : Same above.
Que.No.19:- What are IMF and World Bank also known as ? Why did their shift their attention to the developing countries ?
Answer : i) IMF :- Its aim was to deal with external surpluses and deficits of its member’s nations.
ii) The International Bank for Reconstruction and Development or World Bank was set up to finance past war reconstructions.
iii) They were not equipped to cope with the challenges of poverty and lack of development.
iv) As Europe and Japan rapidly rebuilt their economic the grew less development on IMF and the World Bank.
Que.No.20:- Describe the main features of World Was I.
Answer : War between two powers blocs :-
i) Britain, France, Russia later joined us and the central power Germany, Austria, Hungary and ottoman Turkey.
ii) Recruitment of soldiers throughout the world.
iii) Death and destruction of property.
iv) Reconstructing of industries.
Snapping of economic links between world’s largest economic power.
Que.No.21:- From mid-nineteenth century how the demand for more food led to the flow of capital and labour all over the world ?
Answer : i) Railway services were required to link the agricultural regions to the ports.
ii) New harbors had to be build.
iii) People had to settle on the land to bring them under cultivation.
iv) All over the world some 150 million left homes in search of better future.
Que.No.22:- How did technological inventions transform 19th century world ? Give five examples.
Answer : i) Railways lighter wagons and larger ships helped move food more cheaply and quickly from far away farms to final markets.
ii) Earlier in the trade of meat, animal were shipped live from America to Europe and then slaughtered.
iii) Earlier there was less demand due to high prices.
iv) This reduced the price of meat.
v) Poor could afford it.
What is meaning of cultural fusion ? Highlight any three forms of cultural fusion which were part of the making of global world ?
Answer : i) Agricultural fusion is a part of the making of the global world.
ii) Some examples of cultural fusion or a new culture among the indentured workers.
iii) The protest religion of Rastafarianism is also another example.
iv) Chutney music in Trinidad and Guyana is also an example of cultural fusion.
v) In Trinidad the Annual Muharram Procession was transformed into a riotous carnival called ‘Hosay’.