Class 10

Describe Any Three Problems Faced by Indian Cotton Weavers in the Nineteenth Century.

The three problems faced by Indian cotton weavers in the nineteenth century were: 1. Earlier, India was the main exporter of fine cotton to Britain but when the British cotton industries began to expand after industrialisation, they put pressure on the government to restrict the import of cotton to Britain. 2. As a result, tariffs…

Why Is It Said That There Was No Other War Earlier Like the First World War? State in Three Points.

There was no other war earlier like the First World War because of the following reasons: 1. The First World War which took place mainly in Europe from 1914 to 1918 had a profound impact on economic and political stability which took over three decades to overcome, 2. The leading industrial nations of the world…

The Relocation of Industry to Low-wage Countries Stimulated World Trade and Capital Flows. Justify the Statement.

It is true to say that the relocation of industry to low wage countries stimulated the world trade and capital flows. From the 1970s the MNCs shifted their production operations in the low wage Asian countries where they could maximize their profits. This step of the MNCs again stimulated the world trade and capital flows.

Why Did the Household Incomes Decline After the First World War? Give Two Reasons.

The various reasons for the decline in the family income after the First World War were: 1. The large scale deaths and injuries in the First World War reduced the working age people in Europe, declined the family income and the women had to undertake jobs to run the family. 2. The First World War…

Describe the Circumstances Responsible for the Formation of G-77.

The developing countries were not benefitted from the fast growing western economies so they organized together and formed a Group of 77 which is commonly referred to as G-77 and demanded a new international economic order. Their demand for NIEO was to get the real control over their own natural resources, development assistance, and fairer…