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Globalization — Revision Notes

Madhya Pradesh Board · Class 12 · Political Science

Globalization revision notes for Madhya Pradesh Board Class 12 Political Science: 4 topics in quick points. Includes Concept of Globalisation, Causes.

54 questions76 flashcards5 concepts

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An infographic illustrating the core concept of globalization, showing interconnectedness through flows of ideas, capital, commodities, and people across the world.
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Key Topics to Revise

1

1. Concept of Globalisation

  • Globalisation fundamentally deals with flows of ideas, capital, commodities, and people.
  • These flows create worldwide interconnectedness.
  • The present form of globalisation is unique because of the scale and speed of these flows.
2

2. Causes of Globalisation

  • Technology is a critical cause of globalisation, though not the only cause.
  • Telegraph, telephone, microchip, internet, and computer-related services have made communication and exchange faster.
  • Technology has increased the movement of ideas, capital, and commodities across borders.
3

3. Political Consequences

  • At a simple level, globalisation can reduce state capacity.
  • The welfare state gives way to a more minimalist state.
  • The minimalist state keeps core functions such as law and order and security.
4

4. Economic Consequences

  • International institutions like the IMF and WTO are closely associated with economic globalisation.
  • Economic globalisation is broader than just these institutions.
  • It includes the distribution of economic gains and losses.

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Full Notes

Key Concepts

A process involving the flowThe movement of ideasA critical element in making globalisationThe ability of the governmentA state that provides wide social

Frequently Asked Questions

What are the important topics in Globalization for Madhya Pradesh Board Class 12 Political Science?
Key topics in Globalization include Concept of Globalisation, Causes of Globalisation, Political Consequences, Economic Consequences. Study these first, then practise questions on each for the Madhya Pradesh Board Class 12 board exam.
How should I revise Globalization for the Madhya Pradesh Board Class 12 board exam?
Learn the core ideas first, then work through the 54 practice questions on Globalization. Revise 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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