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Test: Human Settlements: Rural Settlements- Source Based Type Questions - Humanities/Arts MCQ


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12 Questions MCQ Test - Test: Human Settlements: Rural Settlements- Source Based Type Questions

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Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 1

Direction: Read the case study given below and answer the questions that follow:

In ancient times, transporting goods over long distances was risky, hence trade was restricted to local markets. People then spent most of their resources on basic necessities – food and clothes. Only the rich people bought jewellery, costly dresses and this resulted in trade of luxury items. The Silk Route is an early example of long distance trade connecting Rome to China –along the 6,000 km route. The traders transported Chinese silk, Roman wool and precious metals and many other high value commodities from intermediate points in India, Persia and Central Asia. After the disintegration of the Roman Empire, European commerce grew during twelfth and thirteenth century. With the development of ocean going warships trade between Europe and Asia grew and the Americas were discovered. Fifteenth century onwards, the European colonialism began and along with trade of exotic commodities, a new form of trade emerged which was called slave trade. The Portuguese, Dutch, Spaniards, and British captured African natives and forcefully transported them to the newly discovered Americas for their labour in the plantations. Slave trade was a lucrative business for more than two hundred years till it was abolished in Denmark in 1792, Great Britain in 1807 and United States in 1808.

Name one problem that trade faced in ancient times.

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 1
One problem that trade faced in ancient times was transporting goods over long distances was risky.
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 2

Direction: Read the case study given below and answer the questions that follow:

In ancient times, transporting goods over long distances was risky, hence trade was restricted to local markets. People then spent most of their resources on basic necessities – food and clothes. Only the rich people bought jewellery, costly dresses and this resulted in trade of luxury items. The Silk Route is an early example of long distance trade connecting Rome to China –along the 6,000 km route. The traders transported Chinese silk, Roman wool and precious metals and many other high value commodities from intermediate points in India, Persia and Central Asia. After the disintegration of the Roman Empire, European commerce grew during twelfth and thirteenth century. With the development of ocean going warships trade between Europe and Asia grew and the Americas were discovered. Fifteenth century onwards, the European colonialism began and along with trade of exotic commodities, a new form of trade emerged which was called slave trade. The Portuguese, Dutch, Spaniards, and British captured African natives and forcefully transported them to the newly discovered Americas for their labour in the plantations. Slave trade was a lucrative business for more than two hundred years till it was abolished in Denmark in 1792, Great Britain in 1807 and United States in 1808.

How long is the Silk Route?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 2
The Silk Route was 6,000 km long.
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Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 3

Direction: Read the case study given below and answer the questions that follow:

In ancient times, transporting goods over long distances was risky, hence trade was restricted to local markets. People then spent most of their resources on basic necessities – food and clothes. Only the rich people bought jewellery, costly dresses and this resulted in trade of luxury items. The Silk Route is an early example of long distance trade connecting Rome to China –along the 6,000 km route. The traders transported Chinese silk, Roman wool and precious metals and many other high value commodities from intermediate points in India, Persia and Central Asia. After the disintegration of the Roman Empire, European commerce grew during twelfth and thirteenth century. With the development of ocean going warships trade between Europe and Asia grew and the Americas were discovered. Fifteenth century onwards, the European colonialism began and along with trade of exotic commodities, a new form of trade emerged which was called slave trade. The Portuguese, Dutch, Spaniards, and British captured African natives and forcefully transported them to the newly discovered Americas for their labour in the plantations. Slave trade was a lucrative business for more than two hundred years till it was abolished in Denmark in 1792, Great Britain in 1807 and United States in 1808.

Why was slave trade a lucrative business?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 3
Between 1630 and 1807, Britain's slave merchants made a profit of about £12 million on the purchase and sale of African people. Slaves produced about 75 per cent of exports of raw goods from the new colonies.
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 4

Direction: Read the case study given below and answer the questions that follow:

In ancient times, transporting goods over long distances was risky, hence trade was restricted to local markets. People then spent most of their resources on basic necessities – food and clothes. Only the rich people bought jewellery, costly dresses and this resulted in trade of luxury items. The Silk Route is an early example of long distance trade connecting Rome to China –along the 6,000 km route. The traders transported Chinese silk, Roman wool and precious metals and many other high value commodities from intermediate points in India, Persia and Central Asia. After the disintegration of the Roman Empire, European commerce grew during twelfth and thirteenth century. With the development of ocean going warships trade between Europe and Asia grew and the Americas were discovered. Fifteenth century onwards, the European colonialism began and along with trade of exotic commodities, a new form of trade emerged which was called slave trade. The Portuguese, Dutch, Spaniards, and British captured African natives and forcefully transported them to the newly discovered Americas for their labour in the plantations. Slave trade was a lucrative business for more than two hundred years till it was abolished in Denmark in 1792, Great Britain in 1807 and United States in 1808.

When was slave trade abolished in Britain?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 4
Slave trade abolished in Britain in 1807.
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 5

Direction: Read the case study given below and answer the questions that follow:

International trade is the result of specialisation in production. It benefits the world economy if different countries practise specialisation and division of labour in the production of commodities or provision of services. Each kind of specialisation can give rise to trade. Thus, international trade is based on the principle of comparative advantage, complementarity and transferability of goods and services and in principle, should be mutually beneficial to the trading partners. In modern times, trade is the basis of the world’s economic organisation and is related to the foreign policy of nations. With well-developed transportation and communication systems, no country is willing to forego the benefits derived from participation in international trade.

How does international trade benefit the world economy?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 5
International trade benefits the world economy by increasing revenue.
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 6

Direction: Read the case study given below and answer the questions that follow:

International trade is the result of specialisation in production. It benefits the world economy if different countries practise specialisation and division of labour in the production of commodities or provision of services. Each kind of specialisation can give rise to trade. Thus, international trade is based on the principle of comparative advantage, complementarity and transferability of goods and services and in principle, should be mutually beneficial to the trading partners. In modern times, trade is the basis of the world’s economic organisation and is related to the foreign policy of nations. With well-developed transportation and communication systems, no country is willing to forego the benefits derived from participation in international trade.

On what principles is international trade based?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 6
International trade is based on the Principle of comparative advantage, Complementarity and Transferability of goods .
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 7

Direction: Read the case study given below and answer the questions that follow:

International trade is the result of specialisation in production. It benefits the world economy if different countries practise specialisation and division of labour in the production of commodities or provision of services. Each kind of specialisation can give rise to trade. Thus, international trade is based on the principle of comparative advantage, complementarity and transferability of goods and services and in principle, should be mutually beneficial to the trading partners. In modern times, trade is the basis of the world’s economic organisation and is related to the foreign policy of nations. With well-developed transportation and communication systems, no country is willing to forego the benefits derived from participation in international trade.

What would happen if there was no international trade?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 7
If there was no international trade it results in non- availability of many products in the world market.
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 8

Direction: Read the case study given below and answer the questions that follow:

International trade is the result of specialisation in production. It benefits the world economy if different countries practise specialisation and division of labour in the production of commodities or provision of services. Each kind of specialisation can give rise to trade. Thus, international trade is based on the principle of comparative advantage, complementarity and transferability of goods and services and in principle, should be mutually beneficial to the trading partners. In modern times, trade is the basis of the world’s economic organisation and is related to the foreign policy of nations. With well-developed transportation and communication systems, no country is willing to forego the benefits derived from participation in international trade.

How does specialisation increase trade?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 8
Specialisation increases trade increases efficiency and promotes demand.
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 9

Direction: Read the case study given below and answer the questions that follow:

In 1948, to liberalise the world from high customs tariffs and various other types of restrictions, General Agreement for Tariffs and Trade (GATT) was formed by some countries. In 1994, it was decided by the member countries to set up a permanent institution for looking after the promotion of free and fair trade amongst nation and the GATT was transformed in to the World Trade Organisation from 1st January 1995. WTO is the only international organisation dealing with the global rules of trade between nations. It sets the rules for the global trading system and resolves disputes between its member nations. WTO also covers trade in services, such as telecommunication and banking, and others issues such as intellectual rights. The WTO has however been criticised and opposed by those who are worried about the effects of free trade and economic globalisation. It is argued that free trade does not make ordinary people’s lives more prosperous. It is actually widening the gulf between rich and poor by making rich countries more rich. This is because the influential nations in the WTO focus on their own commercial interests. Moreover, many developed countries have not fully opened their markets to products from developing countries. It is also argued that issues of health, worker’s rights, child labour and environment are ignored.

Why was GATT formed?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 9
GATT was formed to reduce the high custom tariffs.
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 10

Direction: Read the case study given below and answer the questions that follow:

In 1948, to liberalise the world from high customs tariffs and various other types of restrictions, General Agreement for Tariffs and Trade (GATT) was formed by some countries. In 1994, it was decided by the member countries to set up a permanent institution for looking after the promotion of free and fair trade amongst nation and the GATT was transformed in to the World Trade Organisation from 1st January 1995. WTO is the only international organisation dealing with the global rules of trade between nations. It sets the rules for the global trading system and resolves disputes between its member nations. WTO also covers trade in services, such as telecommunication and banking, and others issues such as intellectual rights. The WTO has however been criticised and opposed by those who are worried about the effects of free trade and economic globalisation. It is argued that free trade does not make ordinary people’s lives more prosperous. It is actually widening the gulf between rich and poor by making rich countries more rich. This is because the influential nations in the WTO focus on their own commercial interests. Moreover, many developed countries have not fully opened their markets to products from developing countries. It is also argued that issues of health, worker’s rights, child labour and environment are ignored.

When will GATT come into effect?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 10
GATT came into effect in 1948.
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 11

Direction: Read the case study given below and answer the questions that follow:

In 1948, to liberalise the world from high customs tariffs and various other types of restrictions, General Agreement for Tariffs and Trade (GATT) was formed by some countries. In 1994, it was decided by the member countries to set up a permanent institution for looking after the promotion of free and fair trade amongst nation and the GATT was transformed in to the World Trade Organisation from 1st January 1995. WTO is the only international organisation dealing with the global rules of trade between nations. It sets the rules for the global trading system and resolves disputes between its member nations. WTO also covers trade in services, such as telecommunication and banking, and others issues such as intellectual rights. The WTO has however been criticised and opposed by those who are worried about the effects of free trade and economic globalisation. It is argued that free trade does not make ordinary people’s lives more prosperous. It is actually widening the gulf between rich and poor by making rich countries more rich. This is because the influential nations in the WTO focus on their own commercial interests. Moreover, many developed countries have not fully opened their markets to products from developing countries. It is also argued that issues of health, worker’s rights, child labour and environment are ignored.

When was GATT transformed in WTO?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 11
GATT was transformed in WTO in January 1995.
Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 12

Direction: Read the case study given below and answer the questions that follow:

In 1948, to liberalise the world from high customs tariffs and various other types of restrictions, General Agreement for Tariffs and Trade (GATT) was formed by some countries. In 1994, it was decided by the member countries to set up a permanent institution for looking after the promotion of free and fair trade amongst nation and the GATT was transformed in to the World Trade Organisation from 1st January 1995. WTO is the only international organisation dealing with the global rules of trade between nations. It sets the rules for the global trading system and resolves disputes between its member nations. WTO also covers trade in services, such as telecommunication and banking, and others issues such as intellectual rights. The WTO has however been criticised and opposed by those who are worried about the effects of free trade and economic globalisation. It is argued that free trade does not make ordinary people’s lives more prosperous. It is actually widening the gulf between rich and poor by making rich countries more rich. This is because the influential nations in the WTO focus on their own commercial interests. Moreover, many developed countries have not fully opened their markets to products from developing countries. It is also argued that issues of health, worker’s rights, child labour and environment are ignored.

Why was GATT abolished?

Detailed Solution for Test: Human Settlements: Rural Settlements- Source Based Type Questions - Question 12
GATT was abolished because it was in favour of industrial countries only.
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