(i)Transformation of the world economy: Technology played a major role in all these developments. Railways, steam shipping, telegraph , ect., were important inventions without which it was not possible to imagine the transformation of nineteenth-century world.
(ii) Linking the markets: New investments and improvements in transport faster railways lighter wagons and larger ships helped move food more cheaply and quickly from far away farms to final markets.
(iii) Impact on the meat trade: Till the 1870s, moat from America was shipped to Europe in the form of live animals which were then slaughtered in Europe. But live animals took up a lot of ship space. Many also died in voltage fell ill lost weight or became unfit to eat. So the prices of meat were very high and it was beyond the reacts of the European poor. Due to high price the demand and production meat from one region to another.
(iv) Social peace and imperialism: The refigerated ships reduced shipping cost and lowered meat prices in Europe. The poor Europe could now consume a more varied diet. Better living conditions promoted social peace within the country and support for imperialism abroad.
(v) Colonialism: Technology played very important role in linking the world markets which promoted the sprit of colonialism.

(i)Transformation of the world economy: Technology played a major role in all these developments. Railways, steam shipping, telegraph , ect., were important inventions without which it was not possible to imagine the transformation of nineteenth-century world.
(ii) Linking the markets: New investments and improvements in transport faster railways lighter wagons and larger ships helped move food more cheaply and quickly from far away farms to final markets.
(iii) Impact on the meat trade: Till the 1870s, moat from America was shipped to Europe in the form of live animals which were then slaughtered in Europe. But live animals took up a lot of ship space. Many also died in voltage fell ill lost weight or became unfit to eat. So the prices of meat were very high and it was beyond the reacts of the European poor. Due to high price the demand and production meat from one region to another.
(iv) Social peace and imperialism: The refigerated ships reduced shipping cost and lowered meat prices in Europe. The poor Europe could now consume a more varied diet. Better living conditions promoted social peace within the country and support for imperialism abroad.
(v) Colonialism: Technology played very important role in linking the world markets which promoted the sprit of colonialism.

The Bretton Woods Conference took place in the July of 1944 at Bretton Woods in New Hampshire, USA. Under this system, the International Monetary Fund (IMF) and The International Bank of Reconstruction and Development (IBRD) were established.
The main terms of this agreement were:
(i) Formation of IMF and IBRD (also called the World Bank).
(ii) To establish monetary cooperation amongst the member countries.
(iii) Adjustable peg foreign exchange rates system was followed.i.e. the exchange rates were fixed with the provision of changing them if necessary.
Currencies were required to be convertible for trade-related and other current account transactions. The governments, however, had the power to regulate capital flows.
(iv) All member countries were required to subscribe to the IMF'S capital.

(i) Destruction. More than GO million people or about 3 per cent of the world's population are believed to have been killed directly or indirectly, as a result of the tear. Millions or more were injured too. Many big cities were reduced to ashes. 
(ii) Damage to Agriculture, Trade and industries. The World War II caused a great damage to agriculture, trade and commerce. The terrible battles fought in different countries, made large tracts of land infertile. Lakin of industries were destroyed which caused a severe damage to the industrial production. Many industries were closed down in the absence of sufficient raw materials.
(iii) Increase in Soviet Russia's Power and Prestige: The Second World War boosted up the power and prestige of the Soviet Union. Russia's Power and Prestige. The Second World War boosted up the power and prestige of the Soviet Union. Russian influence started increasing in the international held and many countries got attracted towards communism.
(iv) USA becomes a Super Power: The World War II made USA the supreme power of the world Undoubtedly. the USA played an important role in the victory of the Allies. After the war, no European country was either as powerful or as prosperous as the United States of America (USA).
(v) New Economic system: The main aim of the post-war international economic system was to preserve economic stability and full employment in the industrial world. The Bretton Woods conference established the International Monetary Fund (IMF) to deal with external surpluses and deficits its member nations. The International Bank for Reconstruction and Development (popularly known as the World Bank) was set up to finance post-war reconstruction. 

The impact of First World War on Britain's economy were as follows
(i) Britain which was a leading economy of the world before the First World War faced a prolonged crisis. While Britain was pre-occupied with war, industries had developed in Japan and India. After the war, Britain found it difficult to recapture its earlier position.
(ii) Britain has borrowed liberally from the USA for its war time expenditure, thus at the end of the war, Britain was burdened with huge external debt.
(iii) After the war, production in Britain contracted which led to huge job losses. In 1921, one in every five British 2 workers was out of work. Anxiety and uncertainty about work became an enduring part of the post-war time.

(i) The post-war economic recovery proved difficult as they heavy expenditure on the World War I weakened the British economy.
(ii) While Britain was preoccupied with war, industries had development in Japan and India. So now Britain had to face competition from developed in Japan and India. So now Britain had to face competition from these countries, especially from Japan.
(iii) To finance war expenditures. Britain had borrowed liberally from the United States (US). This meant that at the end of the war. Britain was burdened with huge external debts.
(iv) The war had led to an economic boom, i.e., to a large increase in demand production, prices and employment. When the war boom ended production contracted, employment and unemployment increased.
(v) The economic hardship of the war period forced the people of British colonies against them. For example: Non-Cooperation movement was launched in India.

(i) Many of the indentured labourers escaped into the jungles.
(ii) They started celebrating festivals like Hosay in which both the Hindus and Muslims, who had migrated from India participated.
(iii) Many of the migrants joined or became part of the Rastafarianism, i.e. a religious movement born out of black slums of Jamaica.
(iv) They started creating their own way of enjoyment like Chutney Music. The Chutney Music has been created by Indo-Caribbean people. The Music derives elements from Indian film songs.
(v) They developed a new culture which was a blend of the new culture and the traditional culture of the indentured labourers.

(i) Many of the indentured labourers escaped into the jungles.
(ii) They started celebrating festivals like Hosay in which both the Hindus and Muslims, who had migrated from India participated.
(iii) Many of the migrants joined or became part of the Rastafarianism, i.e. a religious movement born out of black slums of Jamaica.
(iv) They started creating their own way of enjoyment like Chutney Music. The Chutney Music has been created by Indo-Caribbean people. The Music derives elements from Indian film songs.
(v) They developed a new culture which was a blend of the new culture and the traditional culture of the indentured labourers.

(i) The silk routes are a good example of vibrant pre-modern trade and cultural links between the distant parts of the world.
(ii) The silk route was used by the Chinee traders to export silk to other countries.
(iii) These routes were used by traders to traders goods from one country to another.
(iv) Trade and cultural exchange always went hard in hand. Early Christian missionaries almost certainly travelled through this route to Asia, as did the early Muslim preachers, a few centuries later.
(v) These routes were also used to spread religions Buddhism emerged from eastern India to spread in several directions through intersecting points on the silk routes.

Silk routes were existed since before the Christian era and flourished till the 15th century. The significance o/silk routes were as follows
1. The silk routes are good examples of pre-modern trade and cultural links between the distant parts of the world, i.e. linking Asia with Europe and North Africa.
2. Along the silk routes, the silk cargoes from China, Indian spices and textiles, gold and silver from Europe were carried to different parts of the world.
3. The Buddhist preachers, Christian missionaries and later on, Muslim preachers travelled along these routes.
4. These routes proved to be a great source of trade and cultural links between distant parts of the world.
Thus, it can be concluded that silk routes are a good example of trade and cultural link between distant parts of the world.