Unit 2 Ch 1 : Resources and Development — Social Studies STD 10 — Question

Which two factors were responsible for the expansion of trade and transport?

Which common foods were introduced to our ancestors after Columbus discovered America?

Define the term ‘trade surplus’. How was the income received from trade surplus with India used by Britain?

Underline the various uses of credit in Sonpur in the passages.
Besides banks, the other major source of cheap credit in rural areas are the cooperative societies (or cooperatives). Members of a cooperative pool their resources for cooperation in certain areas. There are several types of cooperatives possible such as farmers cooperatives, weavers cooperatives, industrial workers cooperatives, etc. Krishak Cooperative functions in a village not very far away from Sonpur. It has 2300 farmers as members. It accepts deposits from its members. With these deposits as collateral, the Cooperative has obtained a large loan from the bank. These funds are used to provide loans to members. Once these loans are repaid, another round of lending can take place. Krishak Cooperative provides loans for the purchase of agricultural implements, loans for cultivation and agricultural trade, fishery loans, loans for construction of houses and for a variety of other expenses.

Which soils are formed at the foothills?

In recent years how our markets have been transformed? Explain with examples.

Which territories in India do not enjoy the powers of a state?

Why did the British government scrap the ‘Corn Laws’? What were its effects on Britain?

How are local companies benefitted by collaborating with multinational companies? Explain with examples.

Look at the posters and cartoons in this chapter. Think of any particular commodity and the aspects that need to be looked at as a consumer. Design a poster for this.