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Chapter 19 of 22
Revision Notes

Globalisation

ICSE · Class 12 · Business Studies

Quick revision notes for Globalisation — ICSE Class 12 Business Studies. Key concepts, formulas, and definitions for last-minute revision.

70 questions35 flashcards5 concepts

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Key Topics to Revise

1

Meaning and Nature of Globalisation

  • Globalisation means integrating the economy of a country with the world economy.
  • Globalisation implies treating the entire world as one market.
  • It is a process of increasing economic integration and growing economic interdependence between countries.

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Full Notes

Key Concepts

Globalisation is the process of integratingInternationalisation refers to business with oneGlobalisation shows features such as liberalisationGlobalisation creates opportunities such as improvedGlobalisation also creates pressure for structural

Frequently Asked Questions

What are the important topics in Globalisation for ICSE Class 12 Business Studies?
Globalisation covers several key topics that are frequently asked in ICSE Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Globalisation — ICSE Class 12 Business Studies?
Understand the core concepts first, then work through the 70 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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