SIS/21-22/10/ECONOMICS/UI-4

ECONOMICS- UI-4

GRADE -10

GLOBALISATION

Name: ____________________________________________

Grade: ____________________ Section: _______________

School: ____________________________________________

NAME OF THE CONTRIBUTORS

1. Shalini Sharma – DPSGMR (Group Anchor)

Name of GSG Members

2. Ms. Shephalika Shukla- DPSG PVI

Contents

Hook and Context Setting .............................................................................................................................. 1

Introduction to the Unit of Inquiry (UI) .................................................................................................... 1

UI at a Glance ............................................................................................................................................ 2

Some interesting facts ................................................................................................................................ 2

How does it impact our lives? ................................................................................................................... 3

Essential Questions .................................................................................................................................... 3

Setting the Scope of Inquiry .......................................................................................................................... 3

Learning Outcomes: ................................................................................................................................... 4

The UI Design & Journey .......................................................................................................................... 4

The Structure of UI .................................................................................................................................... 1

The Journey of this UI will be completed in 6 sessions. ........................................................................... 2

Session 1: Unpacking of UI ....................................................................................................................... 2

Session 2: Bridge Session 2 ....................................................................................................................... 2

Session 3: Concepts of MNC and case study ............................................................................................ 3

Session 5: Mid UI Ms. Forms .................................................................................................................... 4

Session 6: WTO ......................................................................................................................................... 4

Session 7: Impact of Globalisation ............................................................................................................ 5

Session 8: Recapitulation Video and Reinforcement sheet ....................................................................... 6

Session 9: End of UI Ms. Forms & Reflective dialogue ........................................................................... 6

Resources ....................................................................................................................................................... 7

Guided study, Self-Study & Assignments ................................................................................................... 10

Independent Study – ................................................................................................................................ 10

Assessment Plan .......................................................................................................................................... 10

Unit Time Plan -2021-22 ............................................................................................................................. 13

Explore More ............................................................................................................................................... 14

Glossary ....................................................................................................................................................... 15

References .................................................................................................................................................... 16

STUDENT’S SPACE .................................................................................................................................. 17

PARENT’S SPACE ..................................................................................................................................... 17

GLOBALISATION

SELAQUI | 1

Hook and Context Setting

GLOBALISATION

Fig.1

Introduction to the Unit of Inquiry (UI)

Dear Learners,

This chapter looks at globalisation in a more limited sense. It defines globalisation as the integration

between countries through foreign trade and foreign investments by multinational corporations

(MNCs). Integration of production and integration of markets is a key idea behind understanding the

process of

globalisation and its impact. This has been dealt with at length in this chapter, highlighting the role of

MNCs in the process. Globalisation has been facilitated by three factors highlighted: rapid

improvements in technology, liberalisation of trade and investment policies and, pressures from

international organisations such as the WTO. The final section covers the impact of globalisation.

GLOBALISATION

2 | SELAQUI

UI at a Glance

Fig.2

Some interesting facts

Globalization:

• New technology created the connections that propelled globalization.

Since the 19th century, we’ve built a transportation infrastructure that moved people and goods on

steamships, railroads, autos, trucks, airplanes, and container ships.

• Multilateral trade agreements became a framework for cooperation.

Signed in 1948, the General Agreement on Tariffs and Trade (GATT) was the first global

multilateral agreement to lower trade barriers.

• An increasingly large proportion of economic activity depends on trade.

If we use the value of the goods and services we produce in a year–our GDP–as the U.S. economy,

then we can say that trade equaled one third of that total. And, it was an even larger proportion of

the world economy.

GLOBALISATION

SELAQUI | 3

How does it impact our lives?

Fig:3 Fig:4

Globalization has become part of the modern world, but many are yet to understand how it affects their

lives. Globalization affects every facet of our lives. These include educational system, healthcare, economy,

jobs, technology, and others.

Dear Learners,

It is important for us to explore this topic as it helps:

• Explain the impact of globalization on the economic and social sectors in our country.

• Evaluate economic protectionism in some countries and create alternative plans.

• Identify how globalization impacts individuals.

• Describe how globalization influence government policy.

Essential Questions

➢ How do different economic systems influence individual choices and the incentives to make those

choices?

➢ How do the decisions made by governments affect what is produced and who receives the benefits

of production?

➢ Why is the question of ‘who decides which products to sell to consumers’ important?

➢ Does trade and specialization affect our global economy?

➢ What effect do you think a ‘smaller world’ will have on the world economy?

Setting the Scope of Inquiry

In this Unit of Inquiry [UI] you will study

GLOBALISATION

4 | SELAQUI

Things to explore before the UI

• The meaning of the word ‘globalisation’.

• Concept of MNC

• World Trade Organisation

• Impact of Globalisation

Learning Outcomes:

Knowledge:

The student will be able to :

• Define globalization.

• Discuss how globalization affects companies.

• Identify how globalization impacts individuals.

• Describe how globalization influence government policy.

Skills:

The learners will be able to

• Explain the impact of globalization on the economic and social sectors in our country.

• Evaluate economic protectionism in some countries and create alternative plans.

The UI Design & Journey

Introduce the UI- Unpacking

Introduction

To introduce the UI, Students will be asked inquisitive questions based on the their real life situation

Teacher will gauge the knowledge and awareness of the student through the magnitude of questions asked

and answered during interactive Group discussions.

Journey of UI

If we look at the past thirty years or so, we find that MNCs have been a major force in the globalization

process connecting distant regions of the world. Why are the MNCS spreading their production to other

countries and what are the ways in which they are doing so? The first part of the chapter discusses this.

Rather than relying on quantitative estimates, the rapid rise and influence of the MNCS has been shown

through a variety of examples, mainly drawn from the Indian context. Note that the examples are an aid to

GLOBALISATION

SELAQUI | 5

explain a more general point. While teaching, the emphasis should be on the ideas and examples are to be

used as illustrations. You can also creatively use comprehension passages like the one given after Section

II to test and reinforce new concepts.

Integration of production and integration of markets is a key idea behind understanding the process of

globalization and its impact. This has been dealt with at length in this chapter, highlighting the role of

MNCS in the process. You have to ensure that the students grasp this idea with sufficient clarity, before

moving on to the next topic.

Globalisation has been facilitated by several factors. Three of these have been highlighted: rapid

improvements in technology, liberalization. post-liberalisation era. Similarly, international negotiations

under WTO and the uneven balances in power are interesting subjects that can be covered in a discussion

mode rather than as lectures.

The final section covers the impact of globalisation. To what extent has globalisation contributed to the

development process† This section draws on the topics covered in Chapters 1 and 2 (for example, what is

a fair development goal), which you can refer to. Also, examples and activities drawn from the local

environment are a must while discussing this section. This might include contexts that have not been

covered in the chapter, such as the impact of imports on local farmers, etc. Collective brainstorming sessions

can be conducted to analyse such situations.

UOI will consists of:

2 Bridge sessions, 5 sessions for transaction, 1 session for mid UOI review, 2 session for end of UOI

assessment and reflective dialogue.

DPSGS 1

The Structure of UI

Fig:5

Session-1- Bridge Session I

2 | DPSGS

Session-2- Bridge Session II

Session-3- Concepts of MNCs and Case Study

Session-4- Use of Technology in Globalisation

Session-5- Mid UI Review

Session-6- World Trade organisation

Session-7- Impact of Globalisation

Session-8-Recap Click here(Recapitulation)

Session-9- End of UI

Session-10- Reflective Dialogue

Session Flow - Key Milestones

The Journey of this UI will be completed in 6 sessions.

The facilitator will show videos related to different types of transport and tell them what word comes in

their mind, how they are useful for the economy This will arouse curiosity among the learners to connect

them from known to unknown. This can be done by showing videos on YouTube.

Session 1: Unpacking of UI

To introduce the UI, Students will be asked inquisitive questions based on the their real life situation.

Teacher will gauge the knowledge and awareness of the student through the magnitude of questions asked

and answered during interactive group discussions.

Learners will be informed about the journey of the Ui and assessment Plan

Session 2: Bridge Session 2

What are some examples of globalization today? (web chart), Is globalization bad or good? Why? (Venn

diagram), Facilitator will facilitate the discussion in the class based on the responses.

DPSGS 3

Session 3: Concepts of MNC and case study

To introduce with the concept of MNC this image will be shared with learners and facilitator will record

all the responses on the board.

The steady rise of MNCs (livemint.com)

Objectives and working of MNC will be discussed with the learners.

Session 4: Use of Technology in Globalisation

Globalisation and India K-IV.PMD (ncert.nic.in)

4 | DPSGS

Learners will go through the case study and will share their findings.

Facilitator will also share some instances from real life to encourage the learners participation in the class.

Session 5: Mid UI Ms. Forms

Click here

Session 6: WTO

WTO | The WTO in brief

www.wto.org/english/thewto_e/whatis_e/inbrief_e/inbr_e.htm

DPSGS 5

Learners will be told to go through the prereading and class debate on trade practices and need of fair trade

practices will be discussed.

Exit Slip as a quick informal assessment after the session.

Session 7: Impact of Globalisation

Comic strip will be shared with the learners to ignite an inquiry

Impact of Globalisation on India – Civilsdaily

6 | DPSGS

Entire class will be divided into groups ,an article will be shared with the learners and each group will come

up with their viewpoints and give the reason behind it.

Session 8: Recapitulation Video and Reinforcement sheet

Video: Recap Click here

Reinforcement sheet click here

Session 9: End of UI Ms. Forms & Reflective dialogue

Reflective dialogue click here

DPSGS 7

Resources

Fig:9

Session One: Bridge One Bridge Session-1

Pre Reading – NCERT UI-4 Globalisation Click here

Transaction- Face to Face interaction

Assignment- Nil

Session Two: Bridge Session 2 , Check for prerequisite understanding

Pre Reading – NCERT UI-4 Globalisation Click here

Transaction- Face to Face Interaction

Assignment- Web Chart, Venn Diagram

Session Three: Multinational Companies(Concept), objectives

Pre Reading – NCERT UI-4 Globalisation Click here

Transaction- NCERT Case Studies

Assignment- Article reading

Session Four: Use of technology in globalsiation

8 | DPSGS

Pre Reading – NCERT UI-4 Globalisation Click here

Transaction- NCERT Case Studies

Assignment- Article reading

Session Five: MID UI

Pre Reading – Nil

Transaction- Ms. Forms

Click here

Assignment- Nil

Session Six: World Trade Organisation

Pre Reading – NCERT UI-4 Globalisation Click here

Transaction- WTO | The WTO in brief

www.wto.org/english/thewto_e/whatis_e/inbrief_e/inbr_e.htm

Learners will be told to go through the prereading and class debate

on trade practices and need of fair trade practices will be discussed.

Assignment-

DPSGS 9

Session Seven: Impact of Globalisation

Pre Reading – NCERT UI-4 Globalisation Click here

Transaction- Entire class will be divided into groups ,an article will be shared with

the learners and each group will come up with their viewpoints and

give the reason behind it.

Assignment- Impact of Globalisation on India – Civilsdaily

Click Here

Session Eight: Recapitulation & Reinforcement

Pre Reading – Video: Recap Click here

Transaction- Flow Chart

Assignment- Reinforcement sheet click here

Session Nine: End of UI

Pre Reading – Nil

Transaction-

Ms. Forms

Assignment- Nil

10 | DPSGS

Session Ten: Reflective Dialogue

Pre Reading – Nil

Transaction-

Assignment- Nil

Guided study, Self-Study & Assignments

Independent Study –

RESEARCH PAPER CLICK

RESEARCH PAPER CLICK

Assessment Plan

DPSGS 11

Testing,

Measurement

& Assessments

Internal

Assessment

S. No.

Assignment Estimate

d Time

Maximum

marks

Duration

of

submissi

on

Evaluati

on

1 Web Chart& Venn

Diagram

25 min Ungraded Session 2 Pre

requisite

knowled

ge

2 NCERT Case

Studies

20min Ungraded Session 3 Group

Discussi

on,

Applicat

ion and

Analysis

3 NCERT Case

Studies

20 min Ungraded Session 3 Knowle

dge

based,

Applicat

ion, and

Analysis

4 Mid UOI

Ms. Forms

Click here

15 min Graded

(10 marks)

Session 5 Knowle

dge &

Underst

anding

based

5

Reinforcement sheet

click here

15 min

Ungraded Session 8 Knowle

dge,

Applicat

ion

based,

Critical

12 | DPSGS

Thinkin

g

6 End UOI

30 min Graded

(20 marks)

Session 9 Applicat

ion

Knowle

dge

DPSGS 13

Unit Time Plan -2021-22

Class 10

SUBJECT: ECONOMICS

Globalisation

[10 Sessions/Periods]

Content To Be Covered Instructional Strategy

[Mention clearly as to which methodology

would be used for the particular session]

Lessons/

Sessions

• Bridge Session 1 Face to face interaction, Real Life examples 1

• Bridge Session 2 Web Chart, Venn Diagram 1

• Concept of MNC & Its

Objective Web Chart, Case Studies 1

• Technology in

Globalisation Case Studies, NCERT text book 1

• Mid UI Ms. Forms 1

• World Trade

Organisation Article, face to face interaction 1

• Impact of Globalisation NCERT Case Studies, Comic strip 1

• Recapitulation &

Reinforcement Video, Flow Chart, Reinforcement sheet 1

• End of UI Ms. Forms 1

• Reflective Dialogue Form 1

TOTAL SESSION 10

14 | DPSGS

Explore More

Explore more:

Pepsi's Entry into India: A Lesson in Globalization |

Business Strategy| Case Study| Case Studies (icmrindia.org)

DPSGS 15

Glossary

Words Meanings

Globalisation The process by which businesses or other organizations

develop international influence or start operating on an

international scale.

goods for other services and goods in return.

Privatisation The transfer of a business, industry, or service from

public to private ownership and control.

Liberalisation The removal or loosening of restrictions on something,

typically an economic or political system.

Investment The action or process of investing money for profit.

Foreign Trade Foreign trade is the mutual exchange of services or

goods between international regions and borders.

Tariff A tax or duty to be paid on a particular class of imports

or exports.

Quota A limited quantity of a particular product which under

official controls can be produced, exported, or

imported.

16 | DPSGS

References

Image, G. (n.d.).

JAIN, M. (n.d.). GLOBALISATION AND INDIAN ECONOMY. VIDEO.

MINT. (n.d.). Retrieved from https://www.livemint.com/news/india/here-are-the-steps-taken-by-indian-

railways-to-ensure-safety-of-passengers-11613010586098.html.

NCERT. (2006). CONTEMPORARY INDIA PART -II. NEW DELHI: PDD.

NCERT GRADE X ECONOMICS. (n.d.). NCERT.

next, l. (n.d.). Retrieved from https://www.youtube.com/watch?v=WRf2KGut6ZE.

OUTREACH.ORG, R. (n.d.).

Slideshare. (n.d.). Retrieved from www.slideshare.com.

tube, y. (n.d.). Retrieved from https://www.youtube.com/watch?v=NyzAgVK2kpI.

Export Send (goods or services) to another country for sale.

Import Bring (goods or services) into a country from abroad for

sale.

DPSGS 17

STUDENT’S SPACE

My name is _______________________ from Grade ____________________

After reading my UI Plan Booklet

• I will prefer few things to be done differently such as

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PARENT’S SPACE

I am __________________________ Parent

I have gone through the UI Plan Booklet

• I would like to suggest few changes

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• I have a few questions/ clarifications

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Parent Signature

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SelaQui International School

Chakrata Road, Dehradun-248011, INDIA

Office Phone : 7669 040404

Website : www.selaqui.org