CBSE Notes Class 10 Economics Chapter 4 – Globalization and the Indian Economy, mainly dealt with the Integration of production and integration of markets. This will help you to understand the process of globalization and its impact in a better way.

2. Table Of Contents
 Introduction
Globalisation
Production across countries
Interlinking production across countries
Foreign trade and integration of markets
What is globalization
Factors that have enabled globalisation
World trade organisation
Impact of globalisation in india
The struggle for A fair globalisation
Conclusion

3. Introduction
This chapter deals with globalization. Here you will
get to know the Integration between countries
through foreign trade and foreign investment by
multinational corporations (MNCs). You will further
get to know the role that MNCs plays in the
globalization process. The final section of the chapter
covers the impact of the globalization contributed to
the development process

4. Globalisation
Integration Between countries through
foreign trade and foreign investments by
Multinational corporations (MNCs).

5. Production across
countries
Situation before emergence of Multinational
Corporations (MNCs)
 till middle of the twentieth Century, production was
largely organised within countries.
Colonies such as India exported raw materials, food
stuff and imported finished goods.
Trade was the main channel connecting distant
countries.
Large companies, which are now called Multinational
corporations (MNCs) play a major role in trade. An
MNC is a company that owns or controls production in
more than one nation. MNCs setup offices and factories
for production in regions where they can get cheap
labour and other resources so that the company can
earn greater profits.

7. Interlinking production across
countries

14. Foreign Trade and Integration Of
Markets

15. Foreign trade creates an opportunity for the producers
to reach beyond the domestic markets. Producers can
sell their products not only in markets located within
the country but can also compete in markets located in
other countries of the world. Similarly, buyers have the
options to choose among various goods beyond
domestically produced goods. Thus, foreign trade
results in connecting the markets or integration of
markets in different countries.

20. What is
Globalisation ?

22. Factors that have enabled
Globalisation

30. World trade organisation

32. Impact of Globalisation

40. The struggle for a fair
globalisation

43. Conclusion

45. Thank You