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.
The death of men of working-age in Europe because of the world war had reduced the able-bodied work force in Europe. Almost in every family some members had died during the war. Thus, with fewer numbers within the family, household incomes declined, after the war.
The death of men of working-age in Europe because of the world war had reduced the able-bodied work force in Europe. Almost in every family some members had died during the war. Thus, with fewer numbers within the family, household incomes declined, after the war.
The coming of rinderpest or cattle plague to Africa had a terrifying impact on people’s livelihood and the local economy as mentioned below: (i) Rinderpest reached Africa's Atlantic coast in 1892. It reached the Cape in 1897. Along the way it killed 90 per cent of the cattle. (ii) The loss of cattleRead more
The coming of rinderpest or cattle plague to Africa had a terrifying impact on people’s livelihood and the local economy as mentioned below:
(i) Rinderpest reached Africa’s Atlantic coast in 1892. It reached the Cape in 1897. Along the way it killed 90 per cent of the cattle.
(ii) The loss of cattle destroyed African livelihoods.
(iii) Planters, mine owners and colonial governments monopolised the remaining cattle resources and strengthened their power. They forced the Africans into the labour market.
(iv) Control over the remaining cattle resource enabled European colonisers to conquer and sub-due Africa.
Effects of the British government's decision to abolish the Corn Laws were as follows: (i) Food could be important into Britain more cheaply than it could be produced within the country. (ii) It resulted in the increase of unemployment because large areas of land were left uncultivated and large numRead more
Effects of the British government’s decision to abolish the Corn Laws were as follows:
(i) Food could be important into Britain more cheaply than it could be produced within the country.
(ii) It resulted in the increase of unemployment because large areas of land were left uncultivated and large number of men and women had no work in rural areas.
(iii) The men and women who lost their work in rural areas, migrated to the cities or overseas.
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/
Write a note to explain the effects of the following: The death of men of working-age in Europe because of the World War.
The death of men of working-age in Europe because of the world war had reduced the able-bodied work force in Europe. Almost in every family some members had died during the war. Thus, with fewer numbers within the family, household incomes declined, after the war.
The death of men of working-age in Europe because of the world war had reduced the able-bodied work force in Europe. Almost in every family some members had died during the war. Thus, with fewer numbers within the family, household incomes declined, after the war.
See lessWrite a note to explain the effects of the following: The coming of rinderpest to Africa.
The coming of rinderpest or cattle plague to Africa had a terrifying impact on people’s livelihood and the local economy as mentioned below: (i) Rinderpest reached Africa's Atlantic coast in 1892. It reached the Cape in 1897. Along the way it killed 90 per cent of the cattle. (ii) The loss of cattleRead more
The coming of rinderpest or cattle plague to Africa had a terrifying impact on people’s livelihood and the local economy as mentioned below:
(i) Rinderpest reached Africa’s Atlantic coast in 1892. It reached the Cape in 1897. Along the way it killed 90 per cent of the cattle.
(ii) The loss of cattle destroyed African livelihoods.
(iii) Planters, mine owners and colonial governments monopolised the remaining cattle resources and strengthened their power. They forced the Africans into the labour market.
(iv) Control over the remaining cattle resource enabled European colonisers to conquer and sub-due Africa.
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 British government’s decision to abolish the corn Laws.
Effects of the British government's decision to abolish the Corn Laws were as follows: (i) Food could be important into Britain more cheaply than it could be produced within the country. (ii) It resulted in the increase of unemployment because large areas of land were left uncultivated and large numRead more
Effects of the British government’s decision to abolish the Corn Laws were as follows:
(i) Food could be important into Britain more cheaply than it could be produced within the country.
(ii) It resulted in the increase of unemployment because large areas of land were left uncultivated and large number of men and women had no work in rural areas.
(iii) The men and women who lost their work in rural areas, migrated to the cities or overseas.
for more answers vist to:
See lesshttps://www.tiwariacademy.com/ncert-solutions/class-10/social-science/history/chapter-1/