How do we participate in the market as producers and consumers? Explain with three examples.
Explain the process of unification of Italy.
OR
Explain any three steps taken by the French to develop cultivation in the Mekong Delta.
How had the First World War created a new economic situation in India? Explain with three examples.
Name the national political party which gets inspiration from India’s ancient culture and values. Mention four features of that party.
“Legal-constitutional changes by themselves cannot overcome challenges to democracy”. Justify the statement with an example.
“An ideal government would not only keep itself away from corruption but also make fighting corruption and black money a top priority”. Justify the statement by highlighting the values attached to it.
How have our markets been transformed in recent years? Explain with examples.
Markets have transformed in the following ways:
(i) The goods and services are produced globally as a result, production is organised in increasingly complex ways.
(ii) Production is widely dispersed location is getting interlinked.
(iii) Foreign trade have resulted in connecting the markets or integration of markets in different countries.
(iv) More and more goods and services, investments and technology are moving between countries.
(v) Technology has made much faster delivery of goods across long distances possible at lower costs.
Why are rules and regulations required for the protection of the consumers, in the market place? Explain with examples.