Q.24.Explain the impact of the First World War on the Indian industries.
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1. With British mills busy with was production to meet the needs of the army. Manchester imports into India declined.Q.25.Explain any three reasons for which the population of London City expanded over the 19th century.
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1. Between 1810 and 1880 London became a powerful magnet for migration of population even though it did not have large factories.Q.26.Define the term ‘trade surplus’. How was the income received from trade surplus with India used by Britain?
Ans.The value of British exports to India was much higher than the value of British imports from India. This difference was the trade surplus for Britain. Britain used this surplus to balance its trade deficits with other countries, that is with those countries from which Britain was importing more than exporting. Britain’s trade surplus also helped it in paying the so-called home changes which included private remittances(sending of money) to home by British officials and traders, interest payments of India’s external debt and business of British officials in India.
Q.27.Explain the role of Guild in the production process of crafts.
Ans. In the seventeenth and eighteenth centuries the trade guilds were powerful. Trade guilds were the association of producers that trained craftsmen, maintain control over production, regulated competition and prices and restricted the entry of new people into the trade. They often had monopoly right to trade and produce a specific craft.
Q.28.How did factory production begin in England?
Ans.A series of innovations in 18th century resulted in the effectiveness of the production process. They enhanced the output per worker, enabling each worker to produce more and they now could make stronger threads and yarn. The spinning Jenny and other devices were invented to speed up textile production. Richard Arkwright laid the foundation of the factory system. In the mill all the process were brought together under one roof and managed by a supervisor. Workers could come to the mill to work. This allowed more supervision, over the production process, proper check over the quality and regulation of labour. Previously everything was done at different places.