Short Answer TypeHow far can Shock Therapy be called the best way to make the transition from communism to Capitalism?
Why did the one-party system, represented by the Communist Party, become a source of dissent and dissatisfaction among the Soviet people?
Describe the economic and political influence of the European Union on other countries.
The Economic and Political Influence:
(i) European Union is the world’s biggest economy.
(ii) Its currency, the Euro poses a threat to the dominance of the US dollar.
(iii) Two members of the EU, Britain and France, hold permanent seats on the UN Security Council.
(iv) It is also the world’s second most important source of space and comunications technology.
Read the given passage carefully and answer the following questions:
The United State dropped two atomic bombs on Japanese cities of…. The supporters of U.S. have argued that the dropping of the atomic bomb was necessary to end the war quickly and to stop further loss of American and Allied lives….. the consequence of the end of the Second World War was the rise of two new powers on the global stage with the ability to influence events anywhere on the earth.
(i) Identify the two new powers that rose on the global stage after the Second World War.
(ii) Explain the outcome of the emergence of these two new powers.
(iii) How could these powers influence events anywhere on earth? Explain.
Study the Cartoon given below and answer the following questions:
(20.1) Why has the bicycle been chosen to represent China.?
(20.2) What do the symbols within the two wheels stand for? Which two economic ideologies do the symbols represent?
(20.3) What message does the cartoon convey?
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