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The Making of a Global World Test - 12

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The Making of a Global World Test - 12
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Weekly Quiz Competition
  • Question 1
    1 / -0
    International Bank for Reconstruction and Development is popularly known as
    Solution
    The main aim of the post-war international economic system was to preserve economic stability and full employment in the industrial world. Its framework was agreed upon at the United Nations Monetary and Financial Conference held in July 1944 at Bretton Woods in New Hampshire, USA.
    The Bretton Woods conference established the International Monetary Fund (IMF) to deal with external surpluses and deficits of its member nations. The International Bank for Reconstruction and Development(popularly known as the World Bank) was set up to finance postwar reconstruction. The IMF and the World Bank are referred to as the Bretton Woods institutions or sometimes the Bretton Woods twins.
  • Question 2
    1 / -0
    Consider the following statements and choose the correct response from the options given thereafter :
    Statement I : Traders and travellers introduced new crops to the land they travelled.
    Statement II : Noodles most likely travelled from China through Arab traders to Sicily. 
    Statement III : Potato reached the West through travellers and became the staple diet of the poor. 
    Solution
    Statement I & II are true. Traders and travelers introduced new crops to the land they travelled. Noodles most likely travelled from China through Arab traders to Sicily, an Island in Italy. They came to be known as spaghetti. Potatoes did reached the west through the travelers. Afterwards Europe's poor began to feed better but it was not a staple food for them.
  • Question 3
    1 / -0
    Which of these has been the MOST important factor in the rise of globalized trade?
    Solution

    Protective tariffs are taxes, duties, or other roadblocks (generally in the form of monetary fees) placed on foreign goods by a national or state government in order to protect domestic products and markets. The increased fees levied on foreign goods are generally passed on to the consumer, making the foreign goods considerably more expensive than similar goods produced within the country.

  • Question 4
    1 / -0
    Which event led to the end of feudalism ? 
    Solution
    On August 4, 1789, a body known as the National Assembly announced the end of feudalism in France. This stopped the Church from collecting taxes and most importantly, stopped the forced labor from the poor peasants. This also allowed positions in Church, government, and army to be open to all citizens of France.
  • Question 5
    1 / -0
    The Silk Route was taken by _________.
    Solution
    The silk routes are a good example of vibrant pre-modern trade and cultural links between distant parts of the world. The name ‘silk routes’ points to the importance of West-bound Chinese silk cargoes along this route. Historians have identified several silk routes, over land and by sea, knitting together vast regions of Asia, and linking Asia with Europe and northern Africa. They are known to have existed since before the Christian Era and thrived almost till the fifteenth century. But Chinese pottery also travelled the same route, as did textiles and spices from India and Southeast Asia. In return, precious metals – gold and silver – flowed from Europe to Asia. 
  • Question 6
    1 / -0
    By selling which of the items to China, did the British regularly collect money for purchasing tea from China
    Solution
    Britain grew opium in India and exported it to China and, with the money earned through this sale, it financed its tea and other imports from China.
  • Question 7
    1 / -0
    Which disease spread like wind fire in Africa in the 1890's?
  • Question 8
    1 / -0
    Which food travelled west from China to be called "Spaghetti"?
  • Question 9
    1 / -0
    Wines were famous in ______.
    Solution
     Wine is famous all over Europe with French having its one of best wines.  France is one of the largest wine producers in the world. French wine traces its history to the 6th century BCE, with many of French regions dating their wine-making history to Roman times. The wines produced range from expensive wines sold internationally to modest wines usually only seen within France such as the Margnat wines were during the post war period.
    Romans also had trade relations with India. At Arikamedu in Tamil Nadu, large amphorae jars are found which are supposed to be the containers of wine bought from the Roman empire for the Indian Princes.
  • Question 10
    1 / -0
    What did indentured labour mean?
    Solution
    Indentured labourers were bonded labourers under contract to work for an employer for a specific amount of time, to pay off their passage to a new country or home. Recruitment was done by agents engaged by employers and was paid a small commission.
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