Questions:
1. Explain how the Global transfer of disease in the pre-modem world helped in the colonialism of the
Americas?
2. Why did the British Government had to take the decision to abolish the corn laws?
3. What do you mean by bretton Woods Agreement? What was its aim?
4. What is referred to as the G-77 countries? In what way can G-77 be seen as a reaction to the activities
of bretton Woods Twins?
please give the answers of all questions
Answers
Answer:
1.The global transfer of disease in the pre-modern world helped in the colonisation of the Americas because the native American Indians were not immune to the diseases that the settlers and colonisers brought with them. ... Weapons and soldiers could be destroyed or captured, but diseases could not be fought against.
2.The British government's decision to abolish the Corn Laws lades to the losses for the agricultural sector but proven advantage for the industrial sector. Food was available at lower prizes into Britain by importing but it led to the unemployment in thousands of cultivation workers became.
3.The purpose of the Bretton Woods meeting was to set up a new system of rules, regulations, and procedures for the major economies of the world to ensure their economic stability. To do this, Bretton Woods established The International Monetary Fund (IMF) and the World Bank.
4.The G-77 can be seen as a reaction to the activities of the Bretton Woods twins (the International Monetary Fund and the World Bank) because these two institutions were designed to meet the financial needs of industrial and developed countries, and did nothing for the economic growth of former colonies and developing .
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