Points to Remember-Class 10 – Social Science – History – Chapter 3: The Making of Global World

Class 10 – Social Science – History -Points to Remember- Chapter 3: The Making of Global World

1)Silk routes – The ‘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.

2) Corn Law – Under pressure from landed groups, the British government

restricted the import of corn. The laws allowing the government to do

this were commonly known as the ‘Corn Laws’.

3) Rinderpest Plague – Rinderpest is a fast spreading cattle plague which

hit Africa in the late 1880s.

4) Bretton Woods – Bretton Woods is the name of Hotel in USA where the

National Monetary and Financial confrance held in 1944 to ensure the

stable economy.

5) Flow of Goods – Trade in goods such as grain and cloth.

6) Flow of Labour – Migration of people to new areas in search of work.

7) Hosay – Trinidad the annual Muharram procession was transformed

into a riotous carnival called `Hosay’ (for Imam Hussain) in which

workers of all races and religions joined.

8) G-77- G-77 was a group organized by developing countries to demand

a New International Economical Order (NIEO) which would give these

countries real control over their national resources, raw material,

manufactured goods and their markets.

9) Veto- A constitutional right to reject a decision or proposal made by a

law making body.

10) Tariff – Tax imposed on a country’s imports from the rest of the world.

Tariffs are levied at the point of entry, i.e., at the border or the airport.

11) Exchange Rates – They link national currencies for purposes of

international trade. There are broadly two kinds of exchange rates: fixed

exchange rate and floating exchange rate