{"id":527,"date":"2022-09-25T19:43:07","date_gmt":"2022-09-25T19:43:07","guid":{"rendered":"https:\/\/successrouter.com\/blog\/?p=527"},"modified":"2022-09-25T19:45:04","modified_gmt":"2022-09-25T19:45:04","slug":"revision-notes-for-class-10-social-science-history-chapter-4-the-making-of-a-global-world","status":"publish","type":"post","link":"https:\/\/successrouter.com\/blog\/revision-notes-for-class-10-social-science-history-chapter-4-the-making-of-a-global-world\/","title":{"rendered":"Revision Notes for Class 10 Social Science History Chapter 4 The Making of a Global World"},"content":{"rendered":"\n

We are providing\u00a0Chapterwise Quick Revision Notes<\/em>\u00a0for Class 10 Social Science SST. CBSE Class 10 Social Science SST contains History, Geography, Civics (Political Science) and Economics. <\/p>\n\n\n\n

History:<\/strong> India and the Contemporary World \u2013 II
Geography :<\/strong> Contemporary India \u2013 II
Civics (Political Science) : <\/strong>Democratic Politics \u2013 II
Economics :<\/strong> Understanding Economic Development \u2013 II <\/p>\n\n\n\n

Here we have given Revision Notes for Class 10 Social Science History\u00a0chapter 4 The Making of a Global World<\/em><\/p>\n\n\n\n

Let\u2019s have a look at important terms and events covered in chapter 4 The Making of a Global World<\/em>.<\/p>\n\n\n\n

Important Terms<\/span><\/strong> <\/p>\n\n\n\n

  1. Isolation<\/strong>: Means the state of being alone. It may imply a condition of being apart from all human beings or of being cut of f from one\u2019s usual associates.<\/li>
  2. Decimate<\/strong>: To destroy a large number.<\/li>
  3. Dissent<\/strong>: To differ in opinion, especially from the majority.<\/li>
  4. Perishable<\/strong>: Liable to spoil or decay.<\/li>
  5. Indentured labour<\/strong>: Is an employee (indentured) within a system of unfree labour, who is bound by a contract (indenture) to work for a particular employer for a fixed period of time.<\/li>
  6. Tariff<\/strong>: A tax or duty to be paid on a particular class of imports or exports.<\/li>
  7. Great Depression<\/strong>: The economic crisis period of low business activity in the U.S. and other countries, roughly beginning with the stock-market crash in 1929 and continuing through most of the 1930s.<\/li>
  8. International Monetary Fund<\/strong>: The International Monetary Fund (IMF) is an international organization, created for the purpose of standardizing global financial relations and exchange rates. The IMF generally monitors the global economy, and its core goal is to economically strengthen its member countries.<\/li>
  9. World Bank<\/strong>: Is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA).<\/li>
  10. G-77<\/strong>: The G-77 is a loose coalition of developing nations, designed to promote its members\u2019 collective economic interests and create an enhanced joint negotiating capacity of the United Nations.<\/li>
  11. NIEO<\/strong>: The New International Economic Order.<\/li>
  12. Fixed exchange rate<\/strong>: A type of exchange rate regime where a currency\u2019s value is fixed and under which the government or central bank ties the official exchange rate to another country\u2019s currency or to the price of Gold.<\/li>
  13. Floating exchange rates<\/strong>: a type of exchange rate regime in which a currency\u2019s value is allowed to fluctuate in response to foreign \u2013 exchange market mechanism.<\/li>
  14. Globalisation<\/strong>: It is a process by which businesses or other organisations develop international influence or start operating on an international scale.<\/li><\/ol>\n\n\n\n

    Important Dates:<\/span><\/strong> <\/p>\n\n\n\n

    1820-1914<\/strong> \u2013 World trade is estimated to have multiplied by 25 to 40 times.
    1885 <\/strong>\u2013 The European powers met in Berlin and demarcated the African continent for respective powers.
    1890s <\/strong>\u2013 A fast spreading disease of cattle plague or rinderpest had a terrifying impact on people\u2019s livelihoods and the local economy.
    1914\u20131918<\/strong> \u2013 World War I (Inter-war economy)
    1920s<\/strong> \u2013 Agricultural overproduction was a major problem
    1921 <\/strong>\u2013 The practice of indentured labour was abolished
    1923 <\/strong>\u2013 US resumed exporting capital to the rest of the world and emerged as the largest overseas lender.
    1933 <\/strong>\u2013 US went bankrupt and 4000 banks were closed.
    1939 <\/strong>\u2013 1945 <\/strong>\u2013 World War II
    1944 <\/strong>\u2013 United Nations Monetary and Financial Conference at Breton Woods in New Hampshire, USA.
    1947 <\/strong>\u2013 International Monetary Fund and World Bank began their operations.
    1950s <\/strong>\u2013 The Bretton Woods institutions began to shift their focus on.<\/p>\n","protected":false},"excerpt":{"rendered":"

    We are providing\u00a0Chapterwise Quick Revision Notes\u00a0for Class 10 Social Science SST. CBSE Class 10 Social Science SST contains History, Geography, Civics (Political Science) and Economics. History: India and the Contemporary World \u2013 IIGeography : Contemporary India \u2013 IICivics (Political Science) : Democratic Politics \u2013 IIEconomics : Understanding Economic Development \u2013 II  Here we have given Revision Notes for Class […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":2,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","_lmt_disableupdate":"","_lmt_disable":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"iawp_total_views":0,"footnotes":""},"categories":[40,8],"tags":[41,114,113],"class_list":["post-527","post","type-post","status-publish","format-standard","hentry","category-revision-notes-for-class-10-social-science","category-cbse-class-10-social-science","tag-revision-notes-for-class-10-social-science","tag-revision-notes-for-class-10-social-science-history-chapter-4-the-making-of-a-global-world","tag-the-making-of-a-global-world-revision-notes"],"modified_by":"admin@sr.com","_links":{"self":[{"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/posts\/527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/comments?post=527"}],"version-history":[{"count":1,"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/posts\/527\/revisions"}],"predecessor-version":[{"id":528,"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/posts\/527\/revisions\/528"}],"wp:attachment":[{"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/media?parent=527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/categories?post=527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/successrouter.com\/blog\/wp-json\/wp\/v2\/tags?post=527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}