Mention the three types of flows within international economic exchanges during the 19th century. pls answer it for five marks.
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student-name Priya Varshini asked in Social Science
Explain the three types of movements or flows within international economic exchange.Find one example of each type of flow which involved India and Indians, and write a short account of it.
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student-name Reecha Upadhyay answered this
13342 helpful votes in Social Science, Class IX
Hi,
There were three types of movement or ‘flows’ within international economic exchanges as identified by the economists:
The first is the flow of trade which in the nineteenth century referred largely to trade in goods (e.g., cloth or wheat).
The second is the flow of labour – the migration of people in search of employment.
The third is the movement of capital for short-term or long-term investments over long distances.
An account of the second type of flow is being given, that involved Indians and India:
Flow of labour
Indentured labour migration from India was a tale of faster economic growth as well as great misery, higher incomes for some and poverty for others, technological advances in some areas and new forms of coercion in others.
Hundreds of thousands of Indian and Chinese labourers went to work on plantations, in mines, and in road and railway construction projects around the world.
In India, indentured labourers were hired under contracts which promised return travel to India after they had worked five years on their employer’s plantation.
Most Indian indentured workers came from the present-day regions of eastern Uttar Pradesh, Bihar, central India and the dry districts of Tamil Nadu.
Decline in cottage industries , rise in land rents, clearance of lands for mines and plantations affected the lives of the poor: they failed to pay their rents, became deeply indebted and were forced to migrate in search of work
student-name Priya Varshini asked in Social Science
Explain the three types of movements or flows within international economic exchange.Find one example of each type of flow which involved India and Indians, and write a short account of it.
SHARE 19 Follow 0
student-name Reecha Upadhyay answered this
13342 helpful votes in Social Science, Class IX
Hi,
There were three types of movement or ‘flows’ within international economic exchanges as identified by the economists:
The first is the flow of trade which in the nineteenth century referred largely to trade in goods (e.g., cloth or wheat).
The second is the flow of labour – the migration of people in search of employment.
The third is the movement of capital for short-term or long-term investments over long distances.
An account of the second type of flow is being given, that involved Indians and India:
Flow of labour
Indentured labour migration from India was a tale of faster economic growth as well as great misery, higher incomes for some and poverty for others, technological advances in some areas and new forms of coercion in others.
Hundreds of thousands of Indian and Chinese labourers went to work on plantations, in mines, and in road and railway construction projects around the world.
In India, indentured labourers were hired under contracts which promised return travel to India after they had worked five years on their employer’s plantation.
Most Indian indentured workers came from the present-day regions of eastern Uttar Pradesh, Bihar, central India and the dry districts of Tamil Nadu.
Decline in cottage industries , rise in land rents, clearance of lands for mines and plantations affected the lives of the poor: they failed to pay their rents, became deeply indebted and were forced to migrate in search of work
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Reflexes✍
Significance of reflexes are:
- These protect organisms from harm.
- These relief the burden of brain by automatically responding to the rotine stimuli.
✰Hope it helps❢❢
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