Why did most developing countries organize themselves into the Group of 77 during the 1960s?

OR

Why did the East India Company appoint ‘Gomasthas’?

OR

Why were a large number of children pushed to low-paid work during the 18^th century in London by their parents?

Most of the developing countries did not get any benefit from the fast growth the western powers experienced during the 1960s.

The colonial powers had exploited the natural resources of the developing nations for their own benefit. Even the world bank and International Monetary Fund were under the influence of the colonial powers.

The developing nations wanted to get assistance for their development and to have control over their national resources. They also wanted to find better markets for their finished goods.

Hence, these developing countries organized themselves into the Group of 77 during the 1960s to demand a New International Economic Order (NIEO).

OR

Gomasthas were the paid servants. They were appointed by the East India Company to supervise weavers, collect the supplies and to examine the quality of weaved cloth.

OR

Lack of education among the parents and the need for money made the parents to push their children to low-paid jobs during the 18^th century in London.