Hard to maintain the top position of Britain in Indian market. - After first world war Britain had to compete with Japan. - Debt taken by America during First world war. - Fall in demand of goods due to the end of war caused fall in production and increase in unemployment. - The heavy taxes imposedRead more
Hard to maintain the top position of Britain in Indian market.
– After first world war Britain had to compete with Japan.
– Debt taken by America during First world war.
– Fall in demand of goods due to the end of war caused fall in production and increase in unemployment.
– The heavy taxes imposed by the government to fulfill the losses of war which causes great fall in employment.
. When export value is more than import value is known as Surplus Trade - - The excess of goods in the market of Britain. - Increase in export of grains and raw material exported to Britain and other countries of world from India. -The goods imported to India cost very high whereas the goods exporteRead more
. When export value is more than import value is known as Surplus Trade –
– The excess of goods in the market of Britain.
– Increase in export of grains and raw material exported to Britain and other countries of world from India.
-The goods imported to India cost very high whereas the goods exported to Britain cost very less.
(a) Availability of vast resources of land and minerals. (b) To establish plantations and mines. (c) To produce crops and minerals for export to Europe.
(a) Availability of vast resources of land and minerals.
(b) To establish plantations and mines.
(c) To produce crops and minerals for export to Europe.
(a) Fall in import of cotton in India due to import duty imposed by British government. (b) Indian garments had to face tough competition in international market. (c) Import of cotton in very cheap rate by British government.
(a) Fall in import of cotton in India due to import duty imposed by British government.
(b) Indian garments had to face tough competition in international market.
(c) Import of cotton in very cheap rate by British government.
What were the impact of first world war on the economy of Britain?
Hard to maintain the top position of Britain in Indian market. - After first world war Britain had to compete with Japan. - Debt taken by America during First world war. - Fall in demand of goods due to the end of war caused fall in production and increase in unemployment. - The heavy taxes imposedRead more
Hard to maintain the top position of Britain in Indian market.
See less– After first world war Britain had to compete with Japan.
– Debt taken by America during First world war.
– Fall in demand of goods due to the end of war caused fall in production and increase in unemployment.
– The heavy taxes imposed by the government to fulfill the losses of war which causes great fall in employment.
What do you mean by Surplus trade? Why the balance of trade is always favorable for Britain in terms of India?
. When export value is more than import value is known as Surplus Trade - - The excess of goods in the market of Britain. - Increase in export of grains and raw material exported to Britain and other countries of world from India. -The goods imported to India cost very high whereas the goods exporteRead more
. When export value is more than import value is known as Surplus Trade –
See less– The excess of goods in the market of Britain.
– Increase in export of grains and raw material exported to Britain and other countries of world from India.
-The goods imported to India cost very high whereas the goods exported to Britain cost very less.
What were the causes of attraction of Europeans towards Africa?
(a) Availability of vast resources of land and minerals. (b) To establish plantations and mines. (c) To produce crops and minerals for export to Europe.
(a) Availability of vast resources of land and minerals.
See less(b) To establish plantations and mines.
(c) To produce crops and minerals for export to Europe.
What were the impact of industrialization of cotton industries on Britain?
(a) Fall in import of cotton in India due to import duty imposed by British government. (b) Indian garments had to face tough competition in international market. (c) Import of cotton in very cheap rate by British government.
(a) Fall in import of cotton in India due to import duty imposed by British government.
See less(b) Indian garments had to face tough competition in international market.
(c) Import of cotton in very cheap rate by British government.
Why the thousands of people run away from Europe to America in 19th century?
.(a) Import of cheap goods to discontinue the Corn Law. (b) Spread of epidemic disease. (c) Religious conflict.
.(a) Import of cheap goods to discontinue the Corn Law.
See less(b) Spread of epidemic disease.
(c) Religious conflict.