The goals that are generally desired by all types of people are as follows: (i) Income that should go on increasing regularly. (ii) Regular work and security. (iii) Freedom. (iv) Decent return for their products i.e., more profit or more income. (v) They resent discrimination and want equal treatmenRead more
The goals that are generally desired by all types of people are as follows:
(i) Income that should go on increasing regularly.
(ii) Regular work and security.
(iii) Freedom.
(iv) Decent return for their products i.e., more profit or more income.
(v) They resent discrimination and want equal treatment.
(vi) Most of the people desire quality of life.
From above we can say that the characteristics of development are as given below:
(i) Different people have different goals.
(ii) Income is the most important characteristic of development.
(iii) There are mixed goals. It includes not only better income but also other important things in life e.g., freedom, dignity, equality, job security, good working atmosphere, opportunity to learn etc.
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 USA agreed upon its framework. The Bretton Woods ConfRead more
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 USA agreed upon its framework. The Bretton Woods Conference established the following institutions: (i) International Monetary Fund: lts aim was to deal with external surpluses and deficits of its member nations. (ii) 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.
There was significant impact of technology on the food availability: (i) Railways, lighter wagons and larger ships helped move food more cheaply and quickly from faraway to final markets. (ii) Earlier in the trade of meat, animals were shipped live from America to Europe and then slaughtered. In theRead more
There was significant impact of technology on the food availability: (i) Railways, lighter wagons and larger ships helped move food more cheaply and quickly from faraway to final markets. (ii) Earlier in the trade of meat, animals were shipped live from America to Europe and then slaughtered. In the process, many died. It was also a costly affair and beyond the reach of the poor. But with new technology, the animals were slaughtered and then meat was sent through refrigerated ships. This reduced the price of meat. The poor could also afford meat and add to their diet. Better living conditions promoted social peace within the country and support for imperialism abroad. Thus, technology made the availability of food products possible in different and faraway places.
The decision of MNCs to relocate production to Asian countries had the following effects: (i) It stimulated world trade and capital flows. (ii) Low wages in countries like China had made these countries attractive destinations for investments by foreign NINCs competing to capture world markets. (iiiRead more
The decision of MNCs to relocate production to Asian countries had the following effects:
(i) It stimulated world trade and capital flows.
(ii) Low wages in countries like China had made these countries attractive destinations for investments by foreign NINCs competing to capture world markets.
(iii) It has also transformed the world’s economic geography as countries such as India, China and Brazil have undergone rapid economic transformation. For example, India has followed policies of liberalization and globalization.
The effects of the Great Depression on the Indian economy were as given below: (i) The depression affected Indian trade badly. The exports and imports decreased to half between 1928 and 1934. (ii) Prices in India fell sharply. For example, between 1928 and 1934, wheat prices felt by 50 per cent. (iiRead more
The effects of the Great Depression on the Indian economy were as given below:
(i) The depression affected Indian trade badly. The exports and imports decreased to half between 1928 and 1934.
(ii) Prices in India fell sharply. For example, between 1928 and 1934, wheat prices felt by 50 per cent.
(iii) Inspite of fall in agricultural prices, the government, did not reduce the land revenue. Peasants producing for the world market were the worst hit e.g., the collapse of gunny exports Ied to crash in price of raw jute to more than 60 per cent.
(iv) In general peasants’ indebtedness increased. They used their savings, mortgaged lands and sold their jewelry and precious metals to meet their expenses.
(v) India, however, became exporter of gold. The famous economist John Maynard Keynes thought that Indian gold exports promoted global economic recovery.
(vi) In urban India, the condition of people was, however, better because prices had fallen and they with their fixed incomes could purchase more. Industrial investment also increased due to tariff protection to industries under the pressure of the nationalists.
Thus, the Great Depression had affected adversely the rural economy but it was less harmful for urban India.
Describe the goals that are desired generally by all types of people.
The goals that are generally desired by all types of people are as follows: (i) Income that should go on increasing regularly. (ii) Regular work and security. (iii) Freedom. (iv) Decent return for their products i.e., more profit or more income. (v) They resent discrimination and want equal treatmenRead more
The goals that are generally desired by all types of people are as follows:
See less(i) Income that should go on increasing regularly.
(ii) Regular work and security.
(iii) Freedom.
(iv) Decent return for their products i.e., more profit or more income.
(v) They resent discrimination and want equal treatment.
(vi) Most of the people desire quality of life.
From above we can say that the characteristics of development are as given below:
(i) Different people have different goals.
(ii) Income is the most important characteristic of development.
(iii) There are mixed goals. It includes not only better income but also other important things in life e.g., freedom, dignity, equality, job security, good working atmosphere, opportunity to learn etc.
What is meant try the Bretton Woods Agreement ?
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 USA agreed upon its framework. The Bretton Woods ConfRead more
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 USA agreed upon its framework. The Bretton Woods Conference established the following institutions: (i) International Monetary Fund: lts aim was to deal with external surpluses and deficits of its member nations. (ii) The International Bank for Reconstruction and Development or world Bank was set up to finance
See lesspost-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.
Give two examples from history to show the impact of technology on food availability.
There was significant impact of technology on the food availability: (i) Railways, lighter wagons and larger ships helped move food more cheaply and quickly from faraway to final markets. (ii) Earlier in the trade of meat, animals were shipped live from America to Europe and then slaughtered. In theRead more
There was significant impact of technology on the food availability: (i) Railways, lighter wagons and larger ships helped move food more cheaply and quickly from faraway to final markets. (ii) Earlier in the trade of meat, animals were shipped live from America to Europe and then slaughtered. In the process, many died. It was also a costly affair and beyond the reach of the poor. But with new technology, the animals were slaughtered and then meat was sent through refrigerated ships. This reduced the price of meat. The poor could also afford meat and add to their diet. Better living conditions promoted social peace within the country and support for imperialism abroad. Thus, technology made the availability of food products possible in different and faraway places.
for more answers vist to:
See lesshttps://www.tiwariacademy.com/ncert-solutions/class-10/social-science/history/chapter-1/
Write a note to explain the effects of the following: The decision of MNCs to relocate production to Asian countries.
The decision of MNCs to relocate production to Asian countries had the following effects: (i) It stimulated world trade and capital flows. (ii) Low wages in countries like China had made these countries attractive destinations for investments by foreign NINCs competing to capture world markets. (iiiRead more
The decision of MNCs to relocate production to Asian countries had the following effects:
(i) It stimulated world trade and capital flows.
(ii) Low wages in countries like China had made these countries attractive destinations for investments by foreign NINCs competing to capture world markets.
(iii) It has also transformed the world’s economic geography as countries such as India, China and Brazil have undergone rapid economic transformation. For example, India has followed policies of liberalization and globalization.
for more answers vist to:
See lesshttps://www.tiwariacademy.com/ncert-solutions/class-10/social-science/history/chapter-1/
Write a note to explain the effects of the following: The Great Depression on the Indian economy.
The effects of the Great Depression on the Indian economy were as given below: (i) The depression affected Indian trade badly. The exports and imports decreased to half between 1928 and 1934. (ii) Prices in India fell sharply. For example, between 1928 and 1934, wheat prices felt by 50 per cent. (iiRead more
The effects of the Great Depression on the Indian economy were as given below:
(i) The depression affected Indian trade badly. The exports and imports decreased to half between 1928 and 1934.
(ii) Prices in India fell sharply. For example, between 1928 and 1934, wheat prices felt by 50 per cent.
(iii) Inspite of fall in agricultural prices, the government, did not reduce the land revenue. Peasants producing for the world market were the worst hit e.g., the collapse of gunny exports Ied to crash in price of raw jute to more than 60 per cent.
(iv) In general peasants’ indebtedness increased. They used their savings, mortgaged lands and sold their jewelry and precious metals to meet their expenses.
(v) India, however, became exporter of gold. The famous economist John Maynard Keynes thought that Indian gold exports promoted global economic recovery.
(vi) In urban India, the condition of people was, however, better because prices had fallen and they with their fixed incomes could purchase more. Industrial investment also increased due to tariff protection to industries under the pressure of the nationalists.
Thus, the Great Depression had affected adversely the rural economy but it was less harmful for urban India.
for more answers vist to:
See lesshttps://www.tiwariacademy.com/ncert-solutions/class-10/social-science/history/chapter-1/