Question

Write a note to explain the effects of the following:

(a) The British government’s decision to abolish the Corn Laws.

(b) The coming of rinderpest to Africa.

(c) The death of men of working age in Europe because of the World War.

(d) The Great Depression on the Indian economy.

(e) The decision of MNCs to relocate production to Asian countries.

​

Answer 1

Answer:

The British government's decision to abolish the Corn Laws saw the inflow of cheaper crops from America and Australia. Many English farmers left their profession and migrated to towns and cities. Some went overseas. This indirectly led to global agriculture and rapid urbanization, a prerequisite of industrial growth.

Explanation:

1st answer

Mark me as brainliest

Answer 2

Solution:-

(a) The British government's decision to abolish the Corn Laws lead to the inflow of cheaper agricultural crops from America and Australia. British agriculture was unable to compete with imports.

Many English farmers left their profession and migrated to towns and cities. Some went overseas. This indirectly led to global agriculture and rapid urbanization, a prerequisite of industrial growth. Faster industrial growth in Britain also led to higher incomes, and therefore more foo imports. In Eastern Europe, Russia, America and Australia-lands were cleared and food production expanded to meet the British demand.

(b) Rinderpest was devastating cattle disease which was carried by infected cattle from British Asia to Eastern Africa in 1890s. It spread in Africa like a wild forest fire. The coming of rinderpest to Africa caused a loss of livelihood and the local economy for countless Africans. Using this situation to their advantage, colonizing nations conquered and subdued Africa by monopolizing scarce cattle resources to force Africans into the labour market to work for a wage.

(c) Most of the victims of world war belonged to young generations of working men. As a result, it reduced the able-bodied workforce in Europe, thereby reducing household income.

Entire societies were reorganised for war as men went to battle, women stepped in to undertake jobs that earlier only men were expected to do.

The role of women increased and led to a demand for more equality of status. It made the feminist movement stronger. Women started working alongside men in every field. Women and youngsters became more independent and free with long-term effects.

(d) By the early twentieth century, the global economy had become an integral one. The impact of the Great Depression in India was felt especially in the agricultural sector. It was evident that the Indian economy was closely becoming integrated into a global economy. India was a British colony and exported agricultural goods and imported manufactured goods. The fall in agricultural price led to a reduction of farmers’ income and agricultural export.

As international prices crashed, prices in India also plunged. Between 1928 and 1934 wheat prices in India fell by 50%.

India's trade exports and imports almost halved between 1928 and 1934

The government did not decrease their tax and so, many farmers and landlords became more indebted to moneylenders and corrupt officials. It led to great rural unrest in India.

In these depression years, India became an exporter of precious metals, notably gold.

(e) Impact of MNC's decision to relocate production in Asian Countries:

• It provided for cheap labour to MNC's.

• It stimulated world trade.

• Increased capital inflow in the Asian Countries.

• Brought about new technology and production methods to the Asian Countries.

• Greater choice of goods and services to the people.

• Greater employment opportunities for Asian countries.

• Rapid economic transformation resulting in the growth of economies like India, China.