ncertnotes

  1.Meaning of Globalization Globalization is the process by which countries of the world become more connected and dependent on each other . It involves the free flow of goods, services, capital, technology, information, and people across national borders. In simple words, globalization means the world becoming one big market . 2. Features of Globalization Free trade between countries Flow of foreign investment Movement of technology and ideas Expansion of multinational companies (MNCs) Use of global communication and transport Integration of world economies 3. Causes of Globalization Technological Development Internet, mobile phones, fast transport Cheaper and faster communication Liberalization of Trade Policies Reduction of import–export restrictions Removal of trade barriers Role of Multinational Companies (MNCs) Companies operating in many countries Establish factories and offices worldwide Global Institutions ...

 SAARC:  A Regional Overview EXPLORING SOUTH ASIAN COOPERATION Introduction to SAARC The South Asian Association for Regional Cooperation (SAARC) is an economic and political organization of eight countries in South Asia. It was established on December 8, 1985, with the signing of the SAARC Charter in Dhaka. The SAARC Secretariat is based in Kathmandu, Nepal.   Mind Map of SAARC Key Points   Below is a mind map summarizing the key aspects of SAARC. While I cannot directly display a visual mind map, the information is structured to emulate one:   Member Countries:  Afghanistan Bangladesh Bhutan India Maldives Nepal Pakistan Sri Lanka  Objectives:  Promote welfare  Accelerate economic growth  Foster collaboration  Strengthen collective self-reliance  Promote mutual trust  Active collaboration in economic, social, cultural, technical and scientific fields.  Strengthen co-operation with other developing countries.  C...