Q.1. Give two examples of different types of global exchanges which took place before the 17th century, choosing one example from Asia, and one from America.
Ans.
(a) Asia: The silk routes are a good example of vibrant pre-modern trade before the 17th century. The historians have identified several silk routes, overland and by sea, linking Asia with Europe and northern Africa. .These routes were used for trades in Chinese pottery, textiles and spices from India and Southeast Asia. In return, precious metals – gold and silver – came from Europe to Asia.’ Secondly, Christian missionaries and later Muslim preachers travelled through these routes. It may be mentioned here that in ancient times, Buddhism too spread in several directions through intersecting points on the silk routes.
(b) Americas: After the discovery of the Americas by Christopher Columbus, many of our common foods such as potatoes, soya, groundnuts, maize, tomatoes, chilies came from America’s original inhabitants i.e., the American Indians. From the sixteenth century, America’s vast lands, abundant crops and minerals transformed trade and lives everywhere. Precious metals like silver from mines in Peru and Mexico enhanced Europe’s wealth and financed its trade with Asia. Legends spread in seventeenth-century Europe about South America’s fabled wealth. Many expeditions set off in search of El Dorado, the fabled city of gold. Thus there were global exchanges before the seventeenth century.
Q.2. Explain how the global transfer of disease in the pre-modem world helped in the colonisation of America. [CBSE 2008 (O), Sept. 2010, 2011]
Ans.
The global transfer of diseases in the pre-modern world played a significant role in the colonization of America by European powers. This phenomenon, known as the “Columbian Exchange,” refers to the widespread exchange of plants, animals, diseases, and cultures between the Eastern and Western Hemispheres following Christopher Columbus’s arrival in the Americas in 1492.
One of the most crucial aspects of the Columbian Exchange was the introduction of Old World diseases, particularly smallpox, measles, influenza, and typhus, to the indigenous populations of the Americas. The indigenous peoples of the Americas had no prior exposure to these diseases, which had existed for centuries in the densely populated regions of Europe, Asia, and Africa. As a result, they had little to no immunity or resistance to these diseases, making them highly susceptible to infection and leading to devastating epidemics.
When European explorers, conquerors, and colonizers arrived in the Americas, they unintentionally brought along these contagious diseases. The diseases spread rapidly, causing widespread death and decimation among the indigenous populations. The impact was catastrophic, leading to the loss of millions of lives and the collapse of entire civilizations. The diseases significantly weakened indigenous societies, making it easier for European powers to assert their dominance and establish colonial control.
The unintended transmission of diseases played a crucial role in facilitating European colonization for several reasons:
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Demographic Collapse: The diseases introduced by Europeans caused massive population declines among indigenous peoples. This demographic collapse weakened their ability to resist European conquest and colonization.
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Sociopolitical Disruption: The epidemics disrupted indigenous societies, leading to social disintegration, political instability, and a breakdown of traditional structures of power. European colonizers exploited these vulnerabilities, taking advantage of the weakened and fragmented indigenous communities.
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Psychological Impact: The devastating impact of diseases had a demoralizing effect on indigenous populations. It created a sense of helplessness and despair, making it more difficult for them to mount organized resistance against European encroachment.
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Expansion of European Settlements: The demographic vacuum created by disease-related deaths allowed European settlers to expand their settlements and establish new colonies. The reduced indigenous populations provided more land and resources for European exploitation.
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Cultural Dominance: The diseases and subsequent colonization led to a transformation of cultural landscapes in the Americas. European cultures, languages, and social structures gained prominence and replaced or assimilated indigenous cultures, contributing to the establishment of European dominance.
In summary, the global transfer of diseases in the pre-modern world, particularly during the Columbian Exchange, played a pivotal role in the colonization of America. The devastating impact of Old World diseases on the indigenous populations weakened their societies, facilitated European conquest, and contributed to the establishment of European colonial dominance in the Americas.
Q.3. Write a note and explain the effects of the following :
(a) The British government’s decision to abolish the Corn Laws.
(b) The coming of rinderpest to Africa.
(c) The death of men of working-age in Europe because of the World War.
(d) The Great Depression on the Indian economy.
(e) The decision of MNCs to relocate production to Asian countries.
Ans. (a)
The Corn Laws were a series of tariffs and restrictions on imported grain in Great Britain that were enacted in the early 19th century. The laws aimed to protect domestic agriculture by imposing high tariffs on imported grain, making foreign grain more expensive and protecting British farmers from competition. However, the Corn Laws became a subject of intense debate and controversy, ultimately leading to their abolition by the British government.
The decision to abolish the Corn Laws in 1846 was a significant turning point in British economic policy and marked a shift towards free trade. Several factors contributed to the government’s decision:
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Economic Considerations: The Corn Laws had led to high food prices for the working-class population, particularly during periods of poor harvests. The laws also hindered Britain’s ability to import cheaper grain from countries with more favorable agricultural conditions. The economic hardship caused by the Corn Laws generated pressure for their abolition.
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Free Trade Ideology: A growing movement in Britain advocated for free trade, arguing that it would benefit the overall economy and promote international cooperation. Prominent economists such as David Ricardo and Adam Smith argued that unrestricted trade would lead to greater efficiency, lower prices, and increased prosperity. This ideological shift towards free trade influenced public opinion and exerted pressure on the government to reconsider protectionist measures like the Corn Laws.
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Anti-Corn Law League: The Anti-Corn Law League, formed in 1839, played a significant role in mobilizing public support for the abolition of the Corn Laws. The league, led by prominent figures such as Richard Cobden and John Bright, organized campaigns, public meetings, and published pamphlets advocating for free trade. Their efforts raised awareness about the economic and social consequences of protectionism and built a powerful coalition of manufacturers, merchants, and workers who supported the repeal of the Corn Laws.
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Famine in Ireland: The Irish Potato Famine, which lasted from 1845 to 1849, had a profound impact on British public opinion and added momentum to the calls for Corn Law repeal. The famine resulted in widespread starvation and devastation in Ireland, highlighting the urgency of ensuring affordable food supplies and the limitations of protectionist policies in times of crisis.
In response to these pressures, British Prime Minister Sir Robert Peel led the government in repealing the Corn Laws in 1846. The repeal allowed for the gradual reduction of tariffs on imported grain, effectively opening up the British market to foreign competition. Peel’s decision was met with opposition from some members of his own Conservative Party, leading to a split within the party and Peel’s resignation as prime minister.
The abolition of the Corn Laws had significant consequences for British agriculture, industry, and global trade. It stimulated agricultural modernization and specialization, as British farmers had to adapt to increased competition. It also paved the way for the growth of industrial capitalism by ensuring a steady supply of affordable food for the expanding urban workforce. Additionally, the repeal of the Corn Laws set a precedent for free trade policies that influenced British economic policy for decades to come.
In conclusion, the British government’s decision to abolish the Corn Laws in 1846 was a response to economic considerations, the rise of free trade ideology, and the influence of the Anti-Corn Law League. The repeal marked a significant shift towards free trade principles, with lasting implications for British economic policy and global trade relations.
(b)
The arrival of rinderpest, a highly contagious viral disease that affects cattle and other cloven-hoofed animals, had devastating effects on Africa in the late 19th and early 20th centuries. Rinderpest, also known as cattle plague, had a profound impact on African societies, economies, and ecosystems. Here are some of the key effects:
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Livestock Mortality: Rinderpest caused massive livestock mortality rates, wiping out entire herds of cattle, goats, and sheep. Livestock played a central role in African societies, serving as a source of food, wealth, and social status. The loss of livestock due to rinderpest had severe consequences, leading to food shortages, economic instability, and the disruption of traditional livelihoods.
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Famine and Humanitarian Crisis: The collapse of livestock populations resulted in widespread famine and a humanitarian crisis in affected regions. Many communities relied heavily on livestock for sustenance, milk, and as a means of trade. With the loss of their herds, people faced food shortages, malnutrition, and increased vulnerability to diseases. The ensuing humanitarian crisis had long-lasting effects on the affected communities.
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Economic Devastation: Rinderpest caused significant economic devastation in Africa. Livestock and related activities formed the backbone of many African economies, supporting local trade, barter systems, and providing income through the sale of animals and animal products. The loss of livestock due to rinderpest disrupted these economic activities, leading to the collapse of markets, trade networks, and income sources.
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Disruption of Social Systems: Rinderpest had far-reaching social impacts in African societies. Cattle were often considered a symbol of wealth and played a vital role in marriage, dowry, and inheritance customs. The loss of cattle undermined social structures and traditional systems of wealth distribution. Communities that relied on cattle-based social systems faced significant challenges in recovering and reestablishing their social fabric.
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Ecological Consequences: The rinderpest outbreak had ecological ramifications in Africa. With the decimation of cattle populations, grazing patterns were disrupted, leading to overgrowth of vegetation in some areas and ecological imbalances. The reduced grazing pressure also affected wildlife populations and their habitats, altering the ecological dynamics in affected regions.
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Colonial Exploitation: The rinderpest outbreak coincided with the European colonial era in Africa. The loss of livestock and economic instability created vulnerabilities that were exploited by European colonizers. They took advantage of weakened local communities to exert control, acquire land, and establish colonial economic systems that further marginalized African populations.
It is worth noting that the devastating impact of rinderpest prompted concerted international efforts to control and eradicate the disease. The global veterinary community, in collaboration with African governments, implemented vaccination campaigns and strict control measures that ultimately led to the successful eradication of rinderpest in 2011. The eradication of rinderpest stands as a significant achievement in veterinary science and has helped prevent future outbreaks and their devastating effects on Africa.
(c) (i) Reduction in the workforce: Most of the killed and injured were men of working age. These deaths and injuries reduced the able-bodied workforce in Europe. With fewer numbers within the family, the household income declined after the war.
(ii) New Social Set-up : The entire societies were reorganized for war – as men went to battle, women stepped in to undertake jobs that earlier only men were expected to do.
(d)
The Great Depression, a severe worldwide economic downturn that began in 1929 and lasted throughout the 1930s, had profound effects on the Indian economy. India, being a colony under British rule during that time, experienced both direct and indirect impacts of the global economic crisis. Here are some key notes and effects of the Great Depression on the Indian economy:
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Decline in Agricultural and Industrial Output: The Great Depression had a significant impact on India’s agricultural and industrial sectors. Falling international demand for goods led to a sharp decline in exports, affecting industries such as jute, textiles, and mining. The decline in industrial output resulted in factory closures, reduced employment opportunities, and declining wages for workers.
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Plunging Agricultural Prices: Agricultural commodities, including cotton, jute, tea, and indigo, faced plummeting prices in the global market. This had a severe impact on Indian farmers, who already faced challenges due to the exploitative colonial land tenure system. The sharp decline in agricultural prices further worsened rural poverty and indebtedness.
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Financial Instability and Banking Crisis: The Great Depression led to financial instability and a banking crisis in India. Many Indian banks had ties to British financial institutions, and the collapse of global financial markets led to a loss of confidence in the banking sector. Bank failures and restrictions on credit availability negatively impacted trade, investment, and overall economic activity.
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Declining Government Revenue and Fiscal Crisis: The economic downturn resulted in reduced tax revenues for the colonial government in India. The decline in revenue constrained government spending on public infrastructure, education, and welfare programs. This fiscal crisis worsened social and economic conditions for the Indian population.
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Unemployment and Poverty: The Great Depression caused a rise in unemployment and widespread poverty in India. Industrial layoffs and closures, combined with reduced agricultural income, led to job losses and increased rural-urban migration in search of employment. Unemployment rates surged, and poverty levels soared, exacerbating social and economic inequality.
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Growth of Nationalist Movement: The hardships faced by the Indian population during the Great Depression contributed to the growth of the nationalist movement. The economic crisis exposed the exploitative nature of British colonial rule and fueled demands for self-rule and economic independence. The Indian National Congress and other nationalist organizations played a crucial role in mobilizing public sentiment against British policies and advocating for economic reforms.
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Shift towards Protectionism: As a response to the global economic crisis, the British colonial administration implemented protectionist policies in India. These policies aimed to shield domestic industries from foreign competition and promote self-sufficiency. However, they had mixed results, as they often benefited a small segment of Indian industrialists while impeding overall economic growth and hindering international trade.
In summary, the Great Depression had significant and far-reaching effects on the Indian economy. It led to a decline in agricultural and industrial output, financial instability, unemployment, poverty, and a fiscal crisis. The economic hardships experienced during this period contributed to the growth of the nationalist movement and calls for self-rule. The effects of the Great Depression further underscored the exploitative nature of colonial rule in India and contributed to the push for independence and economic reforms in subsequent years.
(e) (i) Wages are relatively low in Asian countries due to excess supply of workers.
(ii) Most of these economies have low cost structure.
(iii) Most of these countries have a huge market.
Q.4. Give two examples from history to show the impact of Science and Technology on food availability.
Ans.
(i) Availability of cheap food in different markets: Improvements in transport; faster railways, lighter wagons and larger ships helped move food more cheaply and quickly from the far-away farms to the final markets.
(ii) Impact on meat: Till the 1870s, meat from America was shipped to Europe in the form of live animals which were then slaughtered in Europe. But live animals took up a lot of ship space. But the invention of refrigerated ships made it possible to transport meat from one region to another. Now animals were slaughtered in America, Australia or New Zealand, and then transported to Europe as frozen meat. The invention of the refrigerated ship had the following advantages :
- This reduced shipping costs and lowered meat prices in Europe.
- The poor in Europe could now consume a more varied diet.
- To the earlier, monotony of bread and potatoes many, not all, could add meat, butter and eggs.
- Better living conditions promoted social peace within the country, and support for imperialism abroad.
Q.5. What is meant by the Bretton Woods Agreement ?
Ans.
The main aim of the post-war international economic system was to preserve economic stability and full employment in the industrial world. The United Nations Monetary and Financial Conference held in July 1944 at Bretton Woods in New Hampshire in the USA agreed upon its framework.
The Bretton Woods Conference established the following institutions :
- International Monetary Fund: Its aim was to deal with external surpluses and deficits of its member nations.
- The International Bank for Reconstruction and Development or World Bank was set “Up to finance post-war reconstruction.
- The above institutions are known as The Bretton Woods institutions or Bretton Woods twins. The post-war international economic system is also often described as the Bretton Woods system. It was based on fixed exchange rates. National currencies were pegged to the dollar at a fixed exchange rate. The dollar itself was anchored to gold at a fixed price of $ 35 per ounce of gold.
- The decision-making in these institutions is controlled by the western industrial powers. The US has an effective right of veto over key IMF and World Bank decisions.
Q.6. Imagine that you are an indentured Indian labourer in the Caribbean. Drawing from the details in this chapter, write a letter to your family describing your life and feelings.
Ans.
Q.7. Explain the three types of movements or flows within the international economic exchange. Find one example of each type of flow which involved India and Indians, and write a short account of it. [CBSE 2008, Sept. 2011]
Or
Explain the three types of flows within an international economic exchange by giving anyone example each. [CBSE Sept. 2010]
Ans.
International economic exchanges involve various types of flows, including goods and services, capital, and information. These flows represent different aspects of international trade and economic interactions between countries. Here are the three types of flows within an international economic exchange, along with examples for each:
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Flow of Goods and Services: This refers to the exchange of tangible goods and intangible services between countries. It involves the import and export of physical products and the provision of services across national borders. Examples include:
a. Goods: The export of automobiles from Germany to the United States. German automakers such as BMW, Mercedes-Benz, and Volkswagen produce vehicles that are then shipped and sold in the American market.
b. Services: The outsourcing of call center services from India to the United Kingdom. Many UK companies contract call centers in India to handle customer service inquiries, taking advantage of India’s skilled workforce and cost advantages.
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Flow of Capital: This involves the movement of financial capital, including investments, loans, and foreign direct investment (FDI), between countries. It represents the transfer of funds for various purposes, such as investment, expansion, or financing trade. Examples include:
a. Foreign Direct Investment (FDI): A multinational corporation based in the United States investing in a manufacturing plant in China. The US company establishes a subsidiary or acquires an existing company in China to establish a physical presence and expand its operations.
b. Portfolio Investment: An individual investor from Japan purchasing shares in a technology company listed on the stock exchange in the United States. The investor buys stocks as part of their investment portfolio, aiming to benefit from potential capital gains or dividends.
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Flow of Information: This refers to the exchange of knowledge, ideas, and information between countries. It includes the transmission of data, research findings, technological innovations, and intellectual property. Examples include:
a. Research Collaboration: Scientists from different countries collaborating on
International economic exchanges involve various types of flows, including goods and services, capital, and information. These flows represent different aspects of international trade and economic interactions between countries. Here are the three types of flows within an international economic exchange, along with examples for each:
Flow of Goods and Services:
This refers to the exchange of tangible goods and intangible services between countries. It involves the import and export of physical products and the provision of services across national borders. Examples include:a. Goods: The export of automobiles from Germany to the United States. German automakers such as BMW, Mercedes-Benz, and Volkswagen produce vehicles that are then shipped and sold in the American market.
b. Services: The outsourcing of call center services from India to the United Kingdom. Many UK companies contract call centers in India to handle customer service inquiries, taking advantage of India’s skilled workforce and cost advantages.
Flow of Capital:
This involves the movement of financial capital, including investments, loans, and foreign direct investment (FDI), between countries. It represents the transfer of funds for various purposes, such as investment, expansion, or financing trade. Examples include:a. Foreign Direct Investment (FDI): A multinational corporation based in the United States investing in a manufacturing plant in China. The US company establishes a subsidiary or acquires an existing company in China to establish a physical presence and expand its operations.
b. Portfolio Investment: An individual investor from Japan purchasing shares in a technology company listed on the stock exchange in the United States. The investor buys stocks as part of their investment portfolio, aiming to benefit from potential capital gains or dividends.
Flow of Information:
This refers to the exchange of knowledge, ideas, and information between countries. It includes the transmission of data, research findings, technological innovations, and intellectual property. Examples include:a. Research Collaboration: Scientists from different countries collaborating on a joint research project to develop a new medical treatment. Researchers from the United States, Germany, and Japan share data, expertise, and findings to advance scientific knowledge and develop innovative therapies.
b. Technology Transfer: A multinational corporation from South Korea licensing its manufacturing technology to a company in Brazil. The South Korean company provides the necessary technical knowledge, training, and expertise to the Brazilian company, enabling them to produce products using the licensed technology.
These examples illustrate how different flows contribute to international economic exchanges. The flow of goods and services involves the physical exchange of products, while the flow of capital represents financial transactions and investments. The flow of information represents the transfer of knowledge and intellectual property, facilitating inno
International economic exchanges involve various types of flows, including goods and services, capital, and information. These flows represent different aspects of international trade and economic interactions between countries. Here are the three types of flows within an international economic exchange, along with examples for each:
Flow of Goods and Services:
This refers to the exchange of tangible goods and intangible services between countries. It involves the import and export of physical products and the provision of services across national borders. Examples include:a. Goods: The export of automobiles from Germany to the United States. German automakers such as BMW, Mercedes-Benz, and Volkswagen produce vehicles that are then shipped and sold in the American market.
b. Services: The outsourcing of call center services from India to the United Kingdom. Many UK companies contract call centers in India to handle customer service inquiries, taking advantage of India’s skilled workforce and cost advantages.
Flow of Capital:
This involves the movement of financial capital, including investments, loans, and foreign direct investment (FDI), between countries. It represents the transfer of funds for various purposes, such as investment, expansion, or financing trade. Examples include:a. Foreign Direct Investment (FDI): A multinational corporation based in the United States investing in a manufacturing plant in China. The US company establishes a subsidiary or acquires an existing company in China to establish a physical presence and expand its operations.
b. Portfolio Investment: An individual investor from Japan purchasing shares in a technology company listed on the stock exchange in the United States. The investor buys stocks as part of their investment portfolio, aiming to benefit from potential capital gains or dividends.
Flow of Information:
This refers to the exchange of knowledge, ideas, and information between countries. It includes the transmission of data, research findings, technological innovations, and intellectual property. Examples include:a. Research Collaboration: Scientists from different countries collaborating on a joint research project to develop a new medical treatment. Researchers from the United States, Germany, and Japan share data, expertise, and findings to advance scientific knowledge and develop innovative therapies.
b. Technology Transfer: A multinational corporation from South Korea licensing its manufacturing technology to a company in Brazil. The South Korean company provides the necessary technical knowledge, training, and expertise to the Brazilian company, enabling them to produce products using the licensed technology.
These examples illustrate how different flows contribute to international economic exchanges. The flow of goods and services involves the physical exchange of products, while the flow of capital represents financial transactions and investments. The flow of information represents the transfer of knowledge and intellectual property, facilitating innovation and technological advancements across borders.
vation and technological advancements across borders.
a joint research project to develop a new medical treatment. Researchers from the United States, Germany, and Japan share data, expertise, and findings to advance scientific knowledge and develop innovative therapies.
b. Technology Transfer: A multinational corporation from South Korea licensing its manufacturing technology to a company in Brazil. The South Korean company provides the necessary technical knowledge, training, and expertise to the Brazilian company, enabling them to produce products using the licensed technology.
These examples illustrate how different flows contribute to international economic exchanges. The flow of goods and services involves the physical exchange of products, while the flow of capital represents financial transactions and investments. The flow of information represents the transfer of knowledge and intellectual property, facilitating innovation and technological advancements across borders.
Q.8. Explain the cause of the Great Depression.
Ans.
The Great Depression, which lasted from 1929 to the late 1930s, was a severe worldwide economic downturn. It was caused by a combination of various factors that interacted and exacerbated the crisis. Here are some key causes of the Great Depression:
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Stock Market Crash: The collapse of the stock market in the United States is often seen as the trigger for the Great Depression. On October 29, 1929, known as “Black Tuesday,” stock prices on the New York Stock Exchange plummeted, leading to a massive sell-off. This event shattered investor confidence, wiped out billions of dollars in wealth, and marked the beginning of the economic crisis.
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Speculative Bubble and Overvaluation: In the years leading up to the Great Depression, there was a speculative bubble in the stock market and other sectors of the economy. Investors engaged in rampant speculation, buying stocks on margin (using borrowed money) and driving up prices beyond their fundamental value. This overvaluation created an unsustainable market that eventually collapsed.
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Weaknesses in the Banking System: The banking system during the 1920s was characterized by instability and weaknesses. Banks were highly leveraged, meaning they held little capital reserves compared to their liabilities. Additionally, banks engaged in risky practices such as speculative investments and lending without proper collateral. When the stock market crashed, bank failures followed, leading to widespread panic and the loss of depositors’ savings.
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Credit Crunch and Deflation: The collapse of banks and the stock market led to a credit crunch, as banks reduced lending and tightened credit conditions. This contraction of credit and the subsequent decrease in consumer spending and business investment contributed to a deflationary spiral. Falling prices and wages further reduced demand and exacerbated the economic downturn.
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Global Economic Interconnectedness: The Great Depression was not confined to the United States but had global repercussions. International trade and investment played a significant role in transmitting the crisis worldwide. Protectionist trade policies, such as the Smoot-Hawley Tariff Act in the United States, further stifled global trade and worsened the economic conditions.
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Collapse of Agricultural Prices: In addition to the stock market crash, the agricultural sector faced its own crisis during the Great Depression. Farmers were already struggling with overproduction and falling prices before the economic downturn. The decrease in demand, coupled with drought conditions in the Dust Bowl region, led to widespread farm failures and rural poverty.
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Government Policy Mistakes: The response of governments to the crisis also contributed to the severity and length of the Great Depression. Policy mistakes, such as tightening monetary policy and raising interest rates, further contracted the money supply and aggravated the economic downturn. Additionally, protectionist measures and trade barriers hampered global economic recovery.
It is important to note that the causes of the Great Depression are complex and interconnected. While the stock market crash is often seen as the immediate trigger, it was the culmination of underlying economic imbalances, speculative excesses, and systemic weaknesses in the financial system. These factors, combined with global economic interdependencies and policy mistakes, contributed to the severity and duration of the Great Depression, making it one of the most significant economic crises in history.
Q.9. (i) Explain what referred to as the G-77 countries.
(ii) In what ways can G-77 be seen as a reaction to the activities of the Bretton Woods Twins ?
Ans.
(i)
The term “G-77” refers to the Group of 77, a coalition of developing countries formed within the United Nations (UN) in 1964. Originally consisting of 77 member countries, the group has expanded over the years and now includes 134 member states. The G-77 aims to promote collective economic interests, enhance South-South cooperation, and advocate for the interests of developing countries in international forums.
Here are some key points about the G-77:
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Objectives: The primary objective of the G-77 is to promote the economic interests and sustainable development of its member countries. It provides a platform for developing nations to voice their concerns, negotiate collectively, and pursue common goals in international forums, including the UN and other global economic institutions.
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Developing Country Representation: The G-77 represents a diverse group of countries from various regions, including Africa, Asia, Latin America, and the Caribbean. Member countries often share common challenges such as poverty, underdevelopment, and limited access to resources and technology. The G-77 seeks to address these challenges collectively and advocate for policies that support their development aspirations.
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South-South Cooperation: The G-77 emphasizes the importance of South-South cooperation, which refers to collaboration and exchange of resources, knowledge, and technology among developing countries. It encourages member countries to share experiences, best practices, and development solutions with each other, fostering mutual support and cooperation.
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Advocacy and Negotiations: The G-77 engages in advocacy and negotiation on various issues of importance to developing countries. These include issues such as trade, finance, climate change, sustainable development, and social justice. The group seeks to ensure that the concerns and interests of its members are taken into account in global decision-making processes.
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Group Structure: The G-77 operates as a coalition within the UN system. It has a rotating chairmanship, with member countries taking turns to lead the group. The chairmanship is responsible for representing the G-77 in international negotiations and coordinating the group’s activities.
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Collaboration with other Groups: The G-77 often collaborates with other regional or thematic groups to amplify their collective voices and strengthen their negotiating power. For example, the G-77 and China (G-77+China) is a common grouping where China aligns itself with the G-77 on various issues.
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Influence and Impact: The G-77 has played a significant role in shaping global development agendas and influencing international policies. It has contributed to the adoption of resolutions, declarations, and action plans that address the needs and concerns of developing countries. The G-77’s collective strength and unity have enabled it to have a stronger voice in international negotiations and promote the interests of its member countries.
In summary, the G-77 is a coalition of developing countries within the United Nations that aims to promote economic interests, enhance South-South cooperation, and advocate for the concerns of its member countries. It provides a platform for developing nations to collectively address development challenges, negotiate on global issues, and pursue common goals in international forums.
(ii) By establishing G-77, they could.
- Get real control over their natural resources.
- More assistance in their development.
- Fairer prices for raw materials.
- Better access for their manufactured goods.
Multiple Choice Questions
1. Peoples livelihood and local economy of which one of the following was badly affected by the disease named Rinderpest [CBSE (CCE) 2011]
(a) Asia
(b) Europe
(c) Africa
(d) South America
2. Which of the following powerful weapons were used by the Spanish Conquerors to colonise America during mid 17th century. [CBSE (CCE) 2011]
(a) Coventional Military weapons
(b) Modern Military weapons
(c) Biological weapons
(d) Nuclear weapons
3. Why did the wheat price fall down by 50 per cent between 1928 and 1934? [CBSE (CCE) 2011]
(a) Due to less production
(b) Due to floods
(c) Due to great depression
(d) Due to droughts
4. Most Indian indentured workers came from [CBSE (CCE) 2011]
(a) Eastern Uttar Pradesh
(b) North-eastern states
(c) Jammu and Kashmir
(d) None of these
5. Who adopted the concept of an assembly line to produce automobiles ?
(a) Henry Ford
(b) T. Cuppola
(c) V.S. Naipaul
(d) Samuel Morse
6. In ancient period the cowries were used as
(a) jewellery
(b) currency
(c) unit of Weight
(d) utensil
7. Which of the following diseases killed the majority of America’s original inhabitants ?
(a) Cholera
(b) Small Pox
(c) Typhoid
(d) Plague
8. In which place of India were the ‘canal colonies’ set up ?
(a) Punjab
(b) Haryana
(c) Uttar Pradesh
(d) Assam
9. The fast spreading disease of cattle plague is known as
(a) cattle fever
(b) bubonic plague
(c) rinderpest
(d) chicken pox
10. Which of the following place was an important destination for indentured migrants ?
(a) Florida
(b) Melbourne
(c) Carribbean island
(d) Mexico
11. At which of the following states in USA was the United Nations Monetary and Financial Conference held in 1944?
(a) New Hampshire
(b) New York
(c) San Francisco
(d) New Jersey
12. Which two institutions are well-known as Bretton Wood Institution ?
(a) UNICEF and IMF
(b) WHO and World Bank
(c) IMF and World Bank
(d) UNESCO and UNICEF
13. Who introduced the assembly line method for producing automobiles on a large scale ?
(a) V.S. Naipaul
(b) Henry Morton Stanley
(c) Henry Ford
(d) James Watt
14. Newly irrigated areas to settle peasants of Punjab were known as
(a) Watered colonies
(b) Canal colonies
(c) Punjab colonies
(d) Canalised colonies
15. The group of powers collectively known as the Axis power during the 2nd World War were
(a) Germany, Italy, Japan
(b) Austria, Germany, Italy
(c) France, Japan, Italy
(d) Japan, Germany, Turkey
16. Who among the following is a Nobel prize winner ?
(a) V.S. Naipaul
(b) J.M. Keynes
(c) Shivnarine Chanderpaul
(d) Ramnaresh Sarwan
17. Which of the following combination correctly indicates the three flows of international economic exchange ?
(a) Capital, goods, raw material
(b) Goods, metal, labour
(c) Goods, labour, capital
(d) Labour, capital, food grains
18. Which of the following statement correctly identifies the corn laws ?
(a) Restricted the import of corn to England.
(b) Allowed the import of corn to England.
(c) Imposed tax on corn.
(d) Abolished the sale of corn.
19. Which of the following refers to El Dorado ?
(a) A mythical animal
(b) A legendary god
(c) A fabled city of gold
(d) A sacred place of worship
20. Until 18th century which two countries were considered the richest in the world ?
(a) India and China
(b) China and Japan
(c) England and France
(d) England and Italy
21. Which of the following reflects the cultural fusion between India and Trinidad ?
(a) Native dancing
(b) Chutney music
(c) Religious practices
(d) Cottage industries
22.Transport of perishable goods over long distance was possible because of
(a) improved railways
(b) airline services
(c) refrigerated ships
(d) steamships
23. Which of the following sustained the African lives for centuries ?
(a) Industries and mines
(b) Mines and agriculture
(c) Land and livestock
(d) Production of consumer goods
24. In Trinidad what was referred as Hosay ?
(a) Annual Muharram procession marking a carnival
(b) Christmas Celebration
(c) Easter Festival
(d) New Year Celebration
25. What is meant by tariff ?
(a) Tax imposed on goods.
(b) Tax imposed on a country’s import from the rest of the world.
(c) Tax imposed on countries’ export to other countries.
(d) Tax imposed on handmade goods.
26. The World Bank was set-up to
(a) finance rehabilitation of refugees.
(b) finance post war construction.
(c) finance industrial development.
(d) help third world countries.
27. Mark the correct response out of the following :
(a) The silk route acted as a link between different countries.
(b) The silk route helped in cultural and commercial exchange.
(c) The silk route acted as a route for west bound silk cargos from China.
(d) All the above.
28. Why was the 19th century indenture described as a system of slavery ? Mark the most suitable statement.
(a) Lots of slaves worked in the plantation.
(b) The living and working condition of the indentured labourers were harsh.
(c) The indentured labourers did not have any rights and lived like slaves.
(d) The indentured labourers were not paid any salary.
29. Why did the export of fine Indian textile to England decline in 19th century ?
(a) Production of cotton declined
(b) Demand of Indian textile in England declined
(c) British government imposed heavy tariff on import of cotton textile
(d) Indian merchants refused to sell cotton to the British merchants
30. Which of the following resulted in Britain’s trade surplus ?
(a) British export to India was much higher than British imports from India.
(b) Britain’s export of opium from India increased.
(c) British import from India became higher than British export to India.
(d) Import of cotton from India was profitable for the British merchants.
31. Which of the following factor compelled the Africans to work for wages ?
(a) Poverty
(b) Loss of livestock
(c) Oppression by colonisers
(d) Willingness to work for wages
32. Which of the following is the most important cause for the Great Depression ?
(a) Decline in agricultural production
(b) Agricultural overproduction leading to fall of prices in agricultural goods
(c) Loss of employment leading to poverty
(d) Closure of banks and factories
33. Why were the Europeans attracted most to Africa ?
(a) By its natural beauty
(b) By the opportunities for investment
(c) For its vast land resources and mineral wealth
(d) For recruitment of labour
34. Which of the following enabled the Europeans to conquer and control the Africans ?
(a) Victory in war
(b) Control over the scarce resource of cattle
(c) Death of Africans due to rinderpest
(d) Lack of weapons in Africa to fight against the Europeans
35. Which of the following is the direct effect of Great Depression on Indian Trade ?
(a) Peasants and farmers suffered
(b) Indian exports and imports nearly halved between 1928-1934
(c) Peasants’ indebtedness increased
(d) Led to widespread unrest in rural India
ANSWERS