THE INTER-WAR ECONOMY: The First World War (1914-18) was mainly fought in Europe. But it had impact on whole world. During this time, the world experienced economic, political instability and another miserable war.
Wartime Transformations: The First World War was fought between two power blocs. On one were the Allies - Britain, France, Russia (later joined by the US) and the opposite side were the Central Powers -Germany, Austria-Hur and Ottoman Turkey. World's leading industrial nations joined the and tried to do the greatest possible destruction on their enemies, The First World War was the first modern industrial war.
Technological Transformations: For the first time, modern weapons like machine guns, tanks, aircraf chemical weapons etc were used on a massive scale. To fight the war millions of soldiers had to be recruited from around the world and most of them were men of working age. During the war, 9 million were dead and 20 million were injured. These deaths and injuries adversely affected workforce in Europe.Social and Economical Transformations: Household incomes also declined due to the death or injury of the earning members of the family and women had to take the jobs. This war led to the breaking of economic links between some of the largest economically strong countries. Britain borrowed large sums of money from US banks as well as the US public. This made the USA an international creditor from an international debtor.
Britain faced an economic crisis after end of the First World War. Britain found it difficult to recapture its earlier position of dominance in the Indian market and to compete with Japan internationally. Because Britain had borrowed liberally from the US to finance its war effort. Britain was burdened with huge external debts. Although, the war had led to an economic boom, when the war ended, the production contracted and unemployment increased. This led to one in every five British workers being out of work in 1921.
Effect of Crisis on Agriculture: Many people linked with agricultural economies were also in crisis, e.g. wheat producers in Eastern Europe. When their wheat exports were disrupted during the war, wheat production in Canada, America and Australia expanded. After the war, production in Eastern Europe revived and created a glut in wheat output. Grain prices fell, rural incomes declined and farmers fell deeper into debt.
It was good as the experience because as we had come here we had been improved in a such envirnment created here.Extra is taught which is beneficial for future.
My experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
My experience with Abhyas is very good. I have learnt many things here like vedic maths and reasoning also. Teachers here first take our doubts and then there are assignments to verify our weak points.
My experience was very good with Abhyas academy. I am studying here from 6th class and I am satisfied by its results in my life. I improved a lot here ahead of school syllabus.
About Abhyas metholodology the teachers are very nice and hardworking toward students.The Centre Head Mrs Anu Sethi is also a brilliant teacher.Abhyas has taught me how to overcome problems and has always taken my doubts and suppoeted me.
It was a good experience with Abhyas Academy. I even faced problems in starting but slowly and steadily overcomed. Especially reasoning classes helped me a lot.
Abhyas is a complete education Institute. Here extreme care is taken by teacher with the help of regular exam. Extra classes also conducted by the institute, if the student is weak.
Abhyas Methodology is very good. It is based on according to student and each child manages accordingly to its properly. Methodology has improved the abilities of students to shine them in future.
Being a parent, I saw my daughter improvement in her studies by seeing a good result in all day to day compititive exam TMO, NSO, IEO etc and as well as studies. I have got a fruitful result from my daughter.
One of the best institutes to develope a child interest in studies.Provides SST and English knowledge also unlike other institutes. Teachers are co operative and friendly online tests andPPT develope practical knowledge also.