Question: Why did the finances and competitive strength of the US weaken in the 1960s?
Answer: Due to the falling cost of overseas involvement
Explanation: The US dollar could not maintain its value in terms of gold. This led to the end of the fixed exchange rate system and the introduction of a floating exchange rate system.
More Question
- 'The plantation workers in Assam had their own understanding of Mahatma Gandhi and the nation of Swaraj.' Support the statements with arguments
- How did the salt march become an effective tool of resistance against British colonial power?
- Explain the reaction of the business class towards the Civil Disobedience Movements
- Examine any four cultural processes through which Indian nationalism captured people’s imagination
- Why did the Muslim community not join the struggle during the Civil Disobedience Movements? Give reasons
- ‘A Satyagraha wins the battle through non-violence. Explain with examples
- Describe the various problem in unifying people in India by the end of the 19th century
- Why was Non-Cooperation a Powerful method of resistance?
- When and where did Mahatma Gandhi successfully organise Satyagraha Movements just after arriving in India?
- What is the meaning of the term ‘boycott’ in respect of national movement?
- What was the result of the Poona Pact of September 1932?
- Why did General Dyer open fire on the peaceful gathering at Jallianwala Bagh on 13th April 1919?
- During the period of Non-Cooperation Movements, who claimed to have a special power, could heal people and survive bullet shots?