Q1. What factors were responsible for increasing demand for goods? Give an example.
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Q2. What were the first symbols of industrialisation?
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Q3. Write a short note on trade guilds.
Ans. Trade guilds were associations of producers that trained craft persons and artists. They exercised control over production through regulated competition and prices. They also restricted the entry of new people into the trade. Most of them were granted the right to produce specific products by their rulers.
Q4. What other sectors of production benefited from ordinary inventions?
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Q5. What is the most recent views regarding industrial revolution of the eighteenth and mid-nineteenth centuries?
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Q6. Write a short note on the condition of a labour’s life in Victorian Britain.
Ans. Victorian Britain was a period marked by a high availability of labour. Poor peasants and vagrants migrated to the cities in large numbers in search of work. The influx of workers resulted in low wages, who were exploited by the producers.
Q7. Explain why machines did not necessarily affect the employment of labours.
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Q8. What were the limits of machine-made products?
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Q9. Who invented the Spinning Jenny? How did it work?
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Q10. What is the monopoly of trade?
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Q11. How did the Indian weavers react to the monopoly of cotton production?
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Q12. Discuss the impact of the Indian national movement on Indian entrepreneurs.
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