Glossary - Concepts - Chapter 3 Class 10 History - The Making of a Global World - History

Term 

Definition 

Dissenter 

One who refuses to accept established beliefs and practices

Indentured Labor 

A bonded labor under a contract to work for an employer for a specific amount of time.

Rinder pest 

Rinderpest was carried by infected cattle and is a fast-spreading disease. It is   also known as  called cattle plague  

Tariff 

Tax is imposed on the country’s imports from the rest of the world.

Fixed Exchange Rate 

When exchange rates are fixed and the government intervenes to prevent movement in them 

Flexible Exchange Rate 

These rates fluctuate depending upon the demand and supply of currencies in foreign exchange markets without interference by the government .