Glob.isation 3 And 4

Question 1

On India’s gold

Answer 1

John keynes

Question 2

End of brettenwood

Answer 2

1. Stable growth lessened because overseases investment and USA dollar lost its value and became weaker less confident
   Fixed exchange rates collapses and floating exchange rate were introduced
2. Because of this and the rise of commercial banks in weastern countries developing countries fell into debt trap and external dept saw a rise
3. Unemployment becomes high and mncs start shifting to developing countries
4. Wage were reduced and capital inflows and investment were witnessed
   5 Dev,point economy China Brazil India
   Countries in east opened their markets and mncs developed economic links

Question 3

G77 demand

Answer 3

New jternational economic system
Market
Actual control
Aid
And fair price
New colonialism

Question 4

Why did they shift their focus imf

Answer 4

Eu and Japan no longer needed them
But it’s their past colonial power

Question 5

Immediate effect of brettenwood

Answer 5

Growth trade
Income
Employment
Technology and enterprise

Question 6

Ww2

Answer 6

Allies
Axis power

3% population

Technological advancement

6. Years

USA power economics political and milk

Soviet Union

Question 7

Lessons post war from interwar

Answer 7

1. Government intervention
   A. Mass production equals mass consumption and that means that people had to have constant the screenshot which could not be left to the market so the government had 24 and five fluctuations, employment and go stability
   B. flow of goods and economic links full employment goal

Question 8

What did the world leaders do after ww2 what was help when

Answer 8

1. Breton wood USA meet
   Un monetary and financial conference
   1944 July

IMF , international bank for reconstruction and development (1947)

USA has veto power and controlled Webster powers

This linked international currency and monetary systems

Fixed exchange rates

Pegged to US dollar

Question 9

Jute crash

Answer 9

Bengal 69%

Question 10

USA role in great depression

Answer 10

1. Pulling back loans
   Tariffs

Question 11

How did pulling pack loans impact

Answer 11

Currencies of loaned nations feel
Banks collapsed
Hyperflation

Tarries
No growth

Question 12

How did countries got impacted

Answer 12

USA unemployment failure of domestic loans , business falling ,
Europe , unemployment no business no development, hyperinflation,
Latin American, agriculture market
People couldn’t repay loans

Question 13

Agricultural were the worst impacted
Urban benefit

Answer 13

Since the prices fell down
Taxes remained high
Sell stuff
No profit
Poor became poorer

Urban
Fixed salaries cheaper goods
Investment
Tariffs Industrialist benefited

Question 14

Hire purchase

Answer 14

New system instalments

Question 15

Mass production in USA impact

Answer 15

1. Employ,net people were buying more as things costed less
   Supply couldn’t keep up
2. Loans
3. New technology
4. Real estate and industrial growth’s

Question 16

Post ww1 recovery

Answer 16

England is debted and India and Japan

Agricultural crisis

Unemployment

Question 17

Ww1

Answer 17

Central
And allied

Women

New industry

USA creditor and citizens even

Economic ties

Question 18

Impact on India Great Depression

Answer 18

1. Export and import
2. Agricultural crisis
3. Urban people and industries
4. Taxation gold and precious metals
5. Civil disobedience peak of it

Question 19

Respawn behimpnf imf

Answer 19

1. Full employee Ntse , stability and role of government

Question 20

How did USA recover ww1

Answer 20

Consumerism

Real estate

Dread it or