The Making of a Global World Class 10

📅 Friday, 26 December 2025 📖 3-5 min read
📖 Chapter 3 | History | Class 10

The Making of a Global World

एक वैश्विक दुनिया का बनना

📅 Updated: Dec 2025 ⏱️ 35 min read 🎯 Board Exam 2026
⚠️ Disclaimer: यह study material NCERT/RBSE पाठ्यक्रम पर आधारित है और केवल शैक्षणिक उद्देश्यों के लिए है। Board exam 2026 की तैयारी के लिए कृपया official textbook भी अवश्य पढ़ें। Content में किसी भी त्रुटि के लिए हमसे संपर्क करें

📋 Chapter at a Glance

📚 Subject History (India and Contemporary World-II)
🎓 Class 10th (RBSE / CBSE)
📖 Chapter 3 - The Making of a Global World
📊 Board Weightage 4-6 Marks (out of 20)
⏰ Time Period Pre-modern to 20th Century
📅 Exam Date 17 February 2026

📚 Related Chapters (History)

Chapter 1: Rise of Nationalism in Europe

Chapter 2: Nationalism in India

→ Chapter 4: The Age of Industrialisation (Coming Soon)

📑 Table of Contents

1. Introduction

2. The Pre-Modern World

3. Silk Routes

4. Food Travels

5. Conquest, Disease and Trade

6. The 19th Century (1815-1914)

7. Role of Technology

8. Late 19th Century Colonialism

9. Rinderpest in Africa

10. Indentured Labour Migration

11. Indian Entrepreneurs Abroad

12. Indian Trade, Colonialism and Global System

13. The Inter-War Economy

14. The Great Depression

15. India and the Great Depression

16. Post-WWII Bretton Woods

17. Important Dates Timeline

18. Key Terms Glossary

19. MCQ Questions

20. Short Answer Questions

21. Long Answer Questions

22. Quick Revision

1. Introduction

Globalisation is not a new phenomenon. The world has been interconnected through trade, migration, and cultural exchange for thousands of years. This chapter traces the history of how the modern world became increasingly interconnected through three phases: the pre-modern world, the 19th century, and the inter-war period.

We will explore how trade in silk, spices, precious metals, and food items connected distant parts of the world long before modern transportation. We will examine how colonialism, industrialisation, and technology transformed global trade and labour migration in the 19th century, and how the Great Depression and World Wars reshaped the global economic order.

📘 Key Concept: Three Types of Movement/Flows

Economists identify three types of flows within international economic exchanges:

1. Trade (flow of goods): Cotton, silk, spices, manufactured goods

2. Labour (flow of people): Migration of workers to new lands

3. Capital (flow of investments): Short-term and long-term loans and investments

2. The Pre-Modern World

Long before the advent of modern transportation and communication, vibrant pre-modern trade and cultural links existed between distant parts of the world. Travelers, traders, priests, and pilgrims traveled vast distances for knowledge, opportunity, spiritual fulfillment, or to escape persecution.

These early connections shaped modern civilizations by spreading ideas, religions, technologies, and disease across continents.

3. The Silk Routes

The term "Silk Routes" refers to the network of ancient trade routes that linked the East (China) with the West (Roman Empire and Europe). The name comes from the lucrative trade in Chinese silk carried out along these routes.

The Ancient Silk Routes Rome Constantinople Samarkand Kashgar China Alexandria India Land Route Sea Route

Figure 1: The Ancient Silk Routes connecting China with Rome (Map not to scale)

Key Facts About Silk Routes

• The Silk Routes were active for over 2,000 years (from about 1st century BCE)

• There were multiple routes - both overland and by sea

• Chinese silk was traded for gold and silver from Europe

Buddhism spread from India to Central Asia, China, Korea, and Japan through these routes

Christian missionaries and later Muslim preachers also traveled these routes

• Besides silk, spices, textiles, precious metals, and precious stones were traded

💡 Did You Know?

The Silk Routes were not just about trade. They were channels for the spread of religions (Buddhism, Christianity, Islam), technologies (papermaking, gunpowder from China), and diseases (the Black Death may have traveled along these routes).

4. Food Travels: Spaghetti and Potato

Food offers many examples of long-distance cultural exchange. Traders and travelers introduced new crops to the lands they traveled. Even common foods we eat today originated in far-away lands.

Origin of Common Foods

Food Item Original Home When Introduced to World
🍝 Noodles/Spaghetti China Reached Italy via Arab traders (became Pasta)
🥔 Potato Americas (Peru) Introduced to Europe by Spanish after 1492
🍅 Tomato Americas (Mexico) Reached Europe in 16th century
🌶️ Chillies (Mirchi) Americas Reached India via Portuguese (16th century)
🌽 Maize (Corn) Americas Spread after Columbus (1492)
🥜 Groundnuts Americas (Brazil) Brought to Africa and India by Portuguese

🌍 Impact of Food Exchange

The introduction of new crops like potato, maize, and groundnuts from the Americas to Europe, Asia, and Africa transformed food cultures and helped reduce famines. The potato, for example, became a staple food in Europe and later in India.

5. Conquest, Disease and Trade

The 16th century onwards, the European seafarers found a sea route to Asia and also discovered the Americas. This marked the beginning of a new era of global trade, colonialism, and disease transmission.

European Discovery of the Americas

• In 1492, Christopher Columbus discovered the Americas (he thought it was India)

Spanish and Portuguese conquistadors conquered vast parts of Americas

• The Aztec Empire (Mexico) and Inca Empire (Peru) were destroyed

Role of Disease: The Silent Killer

⚠️ Exam Important: Why Europeans Conquered Americas

The most powerful weapon of the Spanish conquerors was not their superior firearms, but germs such as smallpox:

• The Native Americans had no immunity against European diseases

Smallpox spread like wildfire, killing millions

• It is estimated that 90% of the native population was wiped out by disease

• Whole communities were destroyed before they could fight back

Wealth from the Americas

• Europeans extracted gold and silver from mines in Peru and Mexico

• This wealth enhanced Europe's economic power

• It financed European trade with Asia (buying spices, silk, etc.)

The Atlantic Slave Trade

As native populations declined, Europeans needed labor for plantations (sugar, cotton, tobacco) and mines. This led to the brutal slave trade:

Over 12 million Africans were forcibly transported to the Americas (15th-19th century)

• The Triangle Trade: Europe → Africa (guns, cloth) → Americas (slaves) → Europe (sugar, cotton)

• Conditions were inhumane; millions died during the Middle Passage (journey across Atlantic)

The Triangular/Atlantic Slave Trade EUROPE AFRICA AMERICAS Guns, Cloth → Africa Sugar, Cotton → Europe SLAVES → Americas

Figure 2: The Triangular Trade connecting Europe, Africa, and Americas

6. The Nineteenth Century (1815-1914)

The 19th century saw a dramatic transformation in the world economy. Industrialisation, colonialism, and new technologies like railways and steamships revolutionized trade, labor migration, and capital flows.

A World Economy Takes Shape

By 1914, the world economy was fundamentally different from what it had been in 1815:

Self-sufficient economies were replaced by interdependent economies

Britain emerged as the center of the world economy

Trade in food grains, raw materials, and manufactured goods grew enormously

Capital flowed from Europe to colonies and newly settled regions

Labor migration on an unprecedented scale occurred

Britain and the Corn Laws

📘 What were Corn Laws?

Corn Laws were laws passed in Britain that restricted the import of food grains (corn) to protect domestic farmers by keeping prices high.

Repeal of Corn Laws (1846): Under pressure from industrialists and urban consumers who wanted cheap food, these laws were abolished in 1846.

Impact: Britain began importing cheap agricultural products from America, Australia, and other regions. This marked Britain's shift to free trade.

Impact on World Agriculture

After the Corn Laws were repealed, cheap food imports flooded Britain. This had a global impact:

Food prices fell in Britain, benefiting urban workers

British agriculture declined as farmers couldn't compete with cheap imports

Vast lands were cleared in America, Australia, Argentina for farming

Railways connected interior farming regions to ports

Steamships transported food cheaply across oceans

7. Role of Technology

Technology played a crucial role in transforming 19th-century world trade. New technologies reduced transport costs and time, making global trade economically viable.

Key Technological Innovations

Technology Impact on Global Trade
🚂 Railways Connected interior regions to ports; made transportation of bulk goods cheap
🚢 Steamships Faster and more reliable than sailing ships; reduced shipping costs
📡 Telegraph Instant communication across continents; helped coordinate trade
❄️ Refrigerated Ships Enabled transport of perishable goods (meat, fruits) over long distances

💡 Refrigerated Ships: A Game Changer

Before refrigeration, animals were shipped live from America or Australia to Europe. Many died, got sick, or became unfit for consumption. Refrigerated ships allowed frozen meat to be transported, reducing shipping costs and losses. This enabled meat prices to fall in Europe, improving diets of common people.

8. Late 19th Century Colonialism

Trade flourished and markets expanded in the late 19th century, but this process was not always peaceful. Colonial powers used military force to open markets and acquire territories.

European Imperialism in Africa

• In 1885, European powers met at the Berlin Conference to divide Africa

• By 1914, almost all of Africa was colonized by European powers

• Only Ethiopia and Liberia remained independent

• Africa was valued for its minerals, rubber, and ivory

9. Rinderpest, or the Cattle Plague

Rinderpest is an excellent example of how colonial powers used ecological disasters to strengthen their control over Africa.

⚠️ Exam Important: Rinderpest Case Study

What was Rinderpest?

• Rinderpest was a deadly cattle disease

• It arrived in Africa in 1890s with infected cattle imported from British Asia

• It spread like wildfire, killing 90% of cattle in eastern and southern Africa

Impact on African Society:

• Africans' livelihoods were destroyed (cattle were their main source of wealth)

• They lost the power to resist colonisers

• Colonial governments monopolized veterinary medicines

• Africans were forced to work in mines and plantations

10. Indentured Labour Migration from India

In the 19th century, hundreds of thousands of Indian and Chinese laborers went to work on plantations, in mines, and in road and railway construction projects around the world. This system was called Indentured Labour.

What is Indentured Labour?

📘 Definition: Indentured Labour

Indentured labour was a system where workers signed a contract (or indenture) to work for an employer for a specific period (usually 5 years) in return for their passage to the destination country. They had very few legal rights and were subject to harsh conditions.

Where Did Indian Indentured Workers Go?

Destination Type of Work
Caribbean Islands (Trinidad, Guyana) Sugar plantations
Mauritius Sugar plantations
Fiji Sugar plantations
Ceylon (Sri Lanka) Tea plantations
Malaya (Malaysia) Rubber plantations
East Africa, South Africa Railways, mines

Who Were the Indentured Workers?

• Most came from eastern UP, Bihar, central India, and Tamil Nadu

• They were mainly poor peasants and tribals

• Many were driven by poverty, debt, and famine

• Some sought adventure or to escape oppression

• They were recruited by agents called "maistries"

Conditions of Indentured Workers

• Many were given false information about destination and work

• Conditions on the sea voyage were harsh

• Wages were low and working conditions brutal

• They had very few legal rights

• Failure to complete the contract was punishable as a criminal offence

New Cultures in New Lands

Despite hardships, indentured workers created new cultural forms that blended Indian and local traditions:

"Hosay" (Trinidad): A riotous carnival with Muharram procession roots

"Chutney Music" (Caribbean): Blends Indian and Afro-Caribbean music

Rastafarianism (Jamaica): Influenced by Indian migrants

V.S. Naipaul (Nobel Prize winner) is of Indian indentured descent (Trinidad)

💡 Did You Know?

Indian indentured labor was abolished in 1921. Today, descendants of indentured workers form significant populations in Mauritius (~70%), Fiji (~40%), Trinidad (~40%), and Guyana (~40%).

11. Indian Entrepreneurs Abroad

Not all Indians who went abroad were indentured workers. Indian traders and moneylenders (Shikaripuri shroffs and Nattukotai Chettiars) also followed European colonizers around the world.

Key Indian Business Groups Abroad

Shikaripuri Shroffs: Bankers from Punjab; operated in Central and Southeast Asia

Nattukotai Chettiars: From Tamil Nadu; financed exports in Southeast Asia

• They provided finance and credit for plantations, mining, and trade

• Their operation covered Southeast Asia, Central Asia, and Africa

12. Indian Trade, Colonialism and the Global System

India played a crucial role in the 19th-century world economy, but this role was shaped by colonial exploitation.

Britain's Trade Surplus with India

⚠️ Exam Important: How Britain Exploited India

• Britain had a trade surplus with India (exported more than it imported)

• India exported raw cotton, jute, indigo, opium, tea

• India imported manufactured goods from Britain

• Britain used this surplus to pay for its trade deficit with other countries

• The "Home Charges" (payments for Britain's India administration) also drained wealth

Britain's Trade Balance System BRITAIN (Deficit) INDIA USA/Europe Others Raw materials Manufactured goods Imports (Deficit) India's surplus helped Britain pay for its deficits with other countries

Figure 3: How Britain used India's trade surplus to balance its global trade

13. The Inter-War Economy (1919-1939)

World War I (1914-1918) marked a turning point in world history. The war and its aftermath transformed the global economy.

Impact of World War I

9 million dead; 20 million injured

• Most deaths were of young working-age men

• Reduced the workforce in Europe

Industries were restructured for war production

Women entered the workforce in large numbers

Post-War Economic Problems

Britain: Borrowed heavily from the USA; ended the war as a debtor nation

USA: Emerged as an international creditor

• War-time industries struggled to return to peacetime production

Agricultural overproduction led to falling prices and farm debts

14. The Great Depression (1929-1930s)

The Great Depression was the most severe economic crisis of the 20th century. It began in the USA in 1929 and spread to the entire world.

⚠️ Exam Most Important: Great Depression

When: Started in October 1929; lasted through most of the 1930s

What: Sharp decline in production, employment, incomes, and international trade

Where: Started in USA; spread to the whole world

Causes of the Great Depression

1. Agricultural Overproduction: Farm output increased, but prices fell. Farmers couldn't sell their produce or repay loans.

2. Stock Market Crash (1929): On 24 October 1929 (Black Thursday), the US stock market crashed. Share prices fell dramatically.

3. Bank Failures: Banks collapsed as people rushed to withdraw savings. Credit dried up.

4. Fall in US Imports: USA stopped importing and called back overseas loans.

5. Double Obligation of Debtor Countries: Countries faced falling exports AND rising debts.

Impact of the Great Depression

Country/Region Impact
USA Unemployment rose to 25%; factories closed; banks failed
Europe Mass unemployment; rise of fascism in Germany (Hitler)
Latin America Export prices crashed; economies devastated
India Agricultural prices crashed by 50%; peasants suffered terribly

💡 Memory Tip: Great Depression

"1929 - Black Thursday - Banks Bust - Britain Bankrupt"
Remember: The Great Depression started with the Stock Market Crash of October 1929 (Black Thursday/Black Tuesday), led to bank failures, and spread from USA to the world.

15. India and the Great Depression

The Great Depression affected India severely, particularly agricultural India.

Impact on Indian Agriculture

Agricultural prices fell by 50% between 1928 and 1934

Export of wheat and raw jute crashed

• Peasants' incomes declined drastically

• But the colonial government refused to reduce taxes

• Peasants fell into deep debt

Paradox: India's Gold Exports

📘 Key Concept: India's Gold Outflow

During the Depression, India exported gold in large quantities:

• Desperate peasants sold their gold ornaments and jewelry to pay debts

• Britain welcomed this gold inflow to recover from its own crisis

• India's gold exports did NOT benefit Indian people

• It reflected deep rural poverty, not prosperity

Urban Impact

• Urban India was less severely affected

Industrial investment grew as falling prices reduced imports

Salaried employees benefited from falling prices

16. Rebuilding a World Economy: The Post-War Era

World War II (1939-1945) was even more devastating than World War I. After the war, world leaders sought to create a stable economic system to prevent another depression.

The Bretton Woods Conference (1944)

📘 What was Bretton Woods?

Bretton Woods Conference was held in July 1944 at Bretton Woods, New Hampshire, USA. Representatives from 44 nations met to create a post-war economic order.

Key Outcomes of Bretton Woods

1. International Monetary Fund (IMF): Created to deal with external surpluses and deficits of member nations

2. World Bank (IBRD): Created to finance post-war reconstruction

3. Fixed Exchange Rates: National currencies pegged to the US dollar

4. US Dollar: Linked to gold at a fixed price ($35 per ounce)

The Bretton Woods System

Institution Full Name Purpose
IMF International Monetary Fund Stabilize currencies; provide short-term loans
World Bank International Bank for Reconstruction and Development (IBRD) Finance reconstruction and development projects

Post-War Economic Boom (1950s-1970s)

The Bretton Woods system ushered in an era of unprecedented economic growth:

• World trade grew massively

Incomes rose in most industrial nations

Employment was stable and growing

• This period is called the "Golden Age of Capitalism"

End of Bretton Woods (1971)

• The system collapsed in 1971

• The US could no longer convert dollars to gold at fixed price

Floating exchange rates replaced fixed rates

• This opened the way for modern globalization

🌍 Decolonisation and the New World Order

After WWII, many colonies gained independence (India in 1947). The new nations (Third World or developing countries) sought rapid economic development. They criticized the IMF and World Bank for being dominated by Western interests. In the 1970s, these institutions began focusing more on developing countries.

17. Important Dates Timeline

Year/Period Event
3000 BCE onwards Ancient Silk Routes active
1492 Columbus discovers Americas
15th-19th Century Atlantic Slave Trade (12 million Africans transported)
1846 Corn Laws repealed in Britain
1885 Berlin Conference (Scramble for Africa)
1890s Rinderpest plague in Africa
1914-1918 World War I
1921 Indentured labour abolished
Oct 1929 Great Depression begins (Stock Market Crash)
1930s Great Depression spreads worldwide
1939-1945 World War II
July 1944 Bretton Woods Conference (IMF and World Bank created)
1947 India gains independence
1971 Bretton Woods system collapses; floating exchange rates
Indentured Labour अनुबंधित श्रमिक Bonded workers who signed contracts to work abroad for fixed period Rinderpest मवेशी प्लेग Deadly cattle disease that devastated Africa in 1890s Corn Laws अनाज कानून British laws restricting grain imports (repealed 1846) Trade Surplus व्यापार अधिशेष When exports exceed imports Trade Deficit व्यापार घाटा When imports exceed exports Great Depression महामंदी Severe global economic crisis starting 1929 Bretton Woods ब्रेटन वुड्स 1944 conference that created IMF and World Bank IMF अंतर्राष्ट्रीय मुद्रा कोष International Monetary Fund - stabilizes currencies World Bank विश्व बैंक IBRD - finances development projects Tariff शुल्क/टैरिफ Tax on imported goods Exchange Rate विनिमय दर Value of one currency in terms of another

19. Multiple Choice Questions (MCQs)

Q1. The Silk Routes connected China with:

(A) Africa

(B) The Roman Empire and Europe

(C) Australia

(D) Americas

Answer: (B) The Roman Empire and Europe
Q2. Which of the following food items originated in the Americas?

(A) Rice

(B) Wheat

(C) Potato and Tomato

(D) Tea

Answer: (C) Potato and Tomato
Q3. The most powerful weapon of Spanish conquerors in America was:

(A) Guns and cannons

(B) Horses

(C) Germs such as smallpox

(D) Superior armor

Answer: (C) Germs such as smallpox
Q4. When was the Corn Laws abolished in Britain?

(A) 1836

(B) 1846

(C) 1856

(D) 1866

Answer: (B) 1846
Q5. Rinderpest was a disease that affected:

(A) Humans

(B) Sheep

(C) Cattle

(D) Poultry

Answer: (C) Cattle
Q6. The Great Depression started in:

(A) 1919

(B) 1929

(C) 1939

(D) 1944

Answer: (B) 1929
Q7. The Bretton Woods Conference was held in:

(A) 1939

(B) 1944

(C) 1947

(D) 1950

Answer: (B) 1944
Q8. Which institutions were created by the Bretton Woods Conference?

(A) UN and WHO

(B) IMF and World Bank

(C) NATO and EU

(D) WTO and ASEAN

Answer: (B) IMF and World Bank
Q9. Indian indentured labour was abolished in:

(A) 1911

(B) 1921

(C) 1931

(D) 1947

Answer: (B) 1921
Q10. Who discovered America in 1492?

(A) Vasco da Gama

(B) Christopher Columbus

(C) Ferdinand Magellan

(D) Marco Polo

Answer: (B) Christopher Columbus
Q11. During the Great Depression, agricultural prices in India fell by approximately:

(A) 25%

(B) 50%

(C) 75%

(D) 90%

Answer: (B) 50%
Q12. Which technology enabled transport of meat from America to Europe?

(A) Steam engine

(B) Telegraph

(C) Refrigerated ships

(D) Aeroplanes

Answer: (C) Refrigerated ships
Q13. The Berlin Conference (1885) was held to divide:

(A) Asia

(B) Africa

(C) Americas

(D) Australia

Answer: (B) Africa
Q14. Which Indian business group financed trade in Southeast Asia?

(A) Marwaris

(B) Parsis

(C) Nattukotai Chettiars

(D) Gujarati Banias

Answer: (C) Nattukotai Chettiars
Q15. The Bretton Woods system collapsed in:

(A) 1961

(B) 1971

(C) 1981

(D) 1991

Answer: (B) 1971

20. Short Answer Questions (2-3 Marks)

Q1. What were Silk Routes? Why are they important?

Answer:

Silk Routes were ancient trade networks that connected China with the Roman Empire and Europe.

Importance:

• They facilitated trade in silk, spices, gold, and silver

• They spread religions (Buddhism, Christianity, Islam)

• They spread technologies (papermaking, gunpowder)

• They connected diverse cultures for over 2,000 years

Q2. What was the Corn Laws? Why were they abolished?

Answer:

Corn Laws were British laws that restricted the import of food grains (corn) to protect domestic farmers.

Why abolished (1846):

Industrialists wanted cheap food for urban workers

Urban consumers demanded lower food prices

• There was pressure for free trade

Q3. What was indentured labour? Where did Indian workers go?

Answer:

Indentured labour was a system where workers signed a contract (indenture) to work for an employer abroad for a fixed period (usually 5 years).

Destinations:

Caribbean (Trinidad, Guyana) - Sugar plantations

Mauritius, Fiji - Sugar plantations

Ceylon, Malaya - Tea and rubber plantations

Africa - Railways and mines

Q4. What was the impact of Rinderpest on Africa?

Answer:

Rinderpest was a deadly cattle disease that spread in Africa in the 1890s.

Impact:

• Killed 90% of cattle in eastern and southern Africa

• Destroyed African livelihoods

• Weakened African resistance to colonizers

• Forced Africans to work in mines and plantations

Q5. What was the Bretton Woods Agreement? Name the institutions created.

Answer:

The Bretton Woods Conference was held in July 1944 in USA to create a stable post-war economic order.

Institutions created:

IMF (International Monetary Fund) - To stabilize currencies

World Bank (IBRD) - To finance reconstruction and development

The system established fixed exchange rates linked to the US dollar.

21. Long Answer Questions (5 Marks)

Q1. Explain the causes and impact of the Great Depression.

Answer:

The Great Depression (1929-1930s) was the most severe global economic crisis of the 20th century.

Causes:

1. Agricultural overproduction - Prices fell; farmers couldn't repay loans

2. Stock Market Crash (Oct 1929) - Share prices collapsed on Black Thursday

3. Bank failures - People withdrew savings; banks collapsed

4. Fall in US imports - USA called back overseas loans

Impact:

USA: 25% unemployment; factory closures

Europe: Mass unemployment; rise of fascism (Hitler in Germany)

India: Agricultural prices fell 50%; peasants sold gold

World Trade: Collapsed to one-third of 1929 levels

Q2. Explain the role of technology in transforming world trade in the 19th century.

Answer:

Technology revolutionized world trade in the 19th century:

1. Railways:

• Connected interior farming regions to ports

• Made transportation of bulk goods cheap and fast

2. Steamships:

• Faster and more reliable than sailing ships

• Reduced shipping costs dramatically

3. Telegraph:

• Enabled instant communication across continents

• Helped coordinate global trade

4. Refrigerated Ships:

• Enabled transport of perishable goods (meat, fruits)

• Reduced losses and costs; improved European diets

Q3. How did European colonizers use disease and conquest to control Americas and Africa?

Answer:

In the Americas (16th century onwards):

• Spanish and Portuguese conquered the Aztec and Inca Empires

• The most powerful weapon was germs like smallpox

• Native Americans had no immunity against European diseases

90% of the native population was wiped out by disease

• This enabled easy conquest and extraction of gold and silver

In Africa (Late 19th century):

Rinderpest (cattle plague) arrived in 1890s

• Killed 90% of cattle; destroyed African livelihoods

• Colonial powers controlled veterinary medicines

• Africans were forced to work in European mines and plantations

22. Quick Revision Summary

🎯 Last Minute Revision Points

Three Flows: Trade (goods), Labour (people), Capital (money)

Silk Routes: Connected China to Rome; spread Buddhism, trade

Foods from Americas: Potato, Tomato, Chilli, Maize, Groundnut

1492: Columbus discovers Americas

Smallpox: Killed 90% of Native Americans

1846: Corn Laws repealed in Britain

Technologies: Railways, Steamships, Telegraph, Refrigerated ships

1885: Berlin Conference (Scramble for Africa)

Rinderpest: Cattle plague; killed 90% cattle in Africa (1890s)

Indentured Labour: Indians went to Caribbean, Fiji, Mauritius; abolished 1921

Indian Bankers Abroad: Shikaripuri Shroffs, Nattukotai Chettiars

1929: Great Depression begins (Stock Market Crash)

India in Depression: Agri prices fell 50%; gold exports increased

1944: Bretton Woods Conference (IMF + World Bank created)

1971: Bretton Woods system collapses

🧠 Memory Tricks

Foods from Americas (PTCMG):

📌 Potato, Tomato, Chilli, Maize, Groundnut

Three Flows (TLC):

📌 Trade, Labour, Capital

Bretton Woods (1944 = BMW):

📌 Bretton woods → Monetary Fund → World Bank

Great Depression (1929):

📌 "19-29 Depression = 1+9+2+9 = 21 = 21st century crisis origin"

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