Last seen: Oct 19, 2020
(c) Gomasthas were outsiders without long term social link with the village.
(b) They feared that they would lose their jobs and livelihood.
After the Second World War, many parts of the world were still under European colonial rule, and it took over two decades for the colonies in Asia and...
The Great Depression was a result of many factors: (i) Agriculture overproduction was a major problem. As a result, agricultural prices fell. As pr...
The three types of movements or flows within the international economic exchange are trade flows, human capital flows and capital flows or investments...
Dear Ma and Pa, My work as an indentured labourer Jamaica is far from a walk in the park. Through this letter, I want to tell you about my life her...
In order to preserve economic stability and full employment in the industrial world, the post-war international economic system was established. To ex...
(i) Improved transportation systems: Improved transportation systems helped the foods get delivered on time to the markets without any harm. Faster ra...
Wages were relatively low in Asian countries like China. Thus, they became lucrative destinations for investment by foreign MNCs competing to dominate...
(a) The First World War was the first modern industrial war. It saw the use of machine guns, tanks, aircraft, chemical weapons etc. on a massive scale...
(a) The British government’s decision to abolish the Corn Laws was due to pressure from the landed groups, who were unhappy with the high price of foo...
The global transfer of disease in the pre-modern world helped in the colonization of the Americas. The reason was that the native Americans were not i...
The following are examples of cross-cultural exchanges from Asia and the Americas: a. The Silk Route (Asia): The silk routes are a good example of ...
Because the developing countries did not benefit from the fast economic growth experienced in 1950s and 1960s.
US enjoys an effective right of veto over key IMF and World Bank decisions.
The IMF and the World Bank.
It was post-war international economic system.
To deal with external surpluses and deficits of its member nations.