Question 7 - Past Year Questions - 3 marks - Chapter 3 Class 10 History - The Making of a Global World - History

Explain the following:

(i) G-77

Answer: 

Points to Remember

1. A group of 77 nations called for a New International Economic Order (NIEO).
2. To control the natural resources that developed nations were using for their o wn benefit.
3. At the United Nations Conference on Trade and Development , the G-77 group was established.
4.  To address the financial needs and issues faced by developing nations .
5. Total Members as of 2019 are  134 Nations

*Elaborate above-mentioned points.

Answer to be written in the exam

Developing countries organized a group of 77 (G-77) members to demand for the New International Economic Order i.e NIEO to control the natural resources that developed nations were using for their own benefit . At the United Nations Conference on Trade and Development , the G-77 group was established (UNCTAD). The primary goal is to address the financial needs and issues faced by developing nations . They urged for increased development aid and reasonable raw material costs. In 2019 , there were 134 members states in the group.