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School level activity

Socio - economic - political Interdependence

Contents

School level activity .................................................................................................................................................. 1

Socio - economic - political Interdependence ................................................................................................... 1

Teacher’s Section .................................................................................................................................................. 1

Introduction – ......................................................................................................................................................... 1

Teacher’s Section

Introduction –

Economic globalization means cross-boundary economic activities, by which people from different countries may do

business. Driven by the free economy and technological advancement, there has been a huge transaction volume of

goods and services across countries. That brings the collaborative production of goods and services by different

countries for the consumption of people all over the world. Meanwhile, the rapid flow of factors such as labour,

capital, information, and technology across countries has further promoted economic globalization.

Expected Outcomes –

Display the list of brands, and ask the given questions to students –

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Item

Discuss the following –

1. Why do we like these products/brands?

2. How did they come to India?

3. Who gave them permission to do business in our country?

4. Do you know any product manufactured in India that gets exported to other countries? (Answer – Tata

Think about this global scenario –

• Who decides to select the products and services for import and export for our country? (Political

• What are the benefits of imported items and services to our social life? (Fulfil our daily requirement, Social

Summarise the discussion with the importance of interdependence in the world. How are these products and services

Ask students to prepare for the following task to understand the same with their own experience.

Task for the students –

1. Select any country for representation, research on its available resources and famous products

2. Class-wise, students need to select some product which they think is most important, useful and powerful in

today’s life. (It can be imaginary or real)

3. Give it a brand name and write the description or unique features of the product, select a price for the same and

make a marketing plan with the help of following points –

a. Which country you want to sell/export your product to, and why?

b. Target group/beneficiaries in that particular country

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specialty in different areas like textiles, jewelry, automobiles, food products etc.

For Example-

Jaipur is a famous city for handicrafts, so I’ll choose handmade carpets to sell throughout the country.

Target group – I’ll select homemakers, ethnic boutique owners, and interior designers

Brand Name – “Kaleen”

Qualities – Handmade by artisans, easy to use and washable, affordable to every family

Benefits – Made up of pure cotton fibers, foldable and easy to carry, use of natural colours, traditional handicraft,

and world-famous artists are involved in employment

Benefits to the customer – Superior quality, world famous durable traditional art at an affordable price delivered to

your doorstep within 7 days

Cost – Rs.500 - Rs.5,000

Mode of marketing – Online and offline

Benefits of export – import

1. My country can earn money, and our economy will be empowered

2. Our traditional art will be recognized around the world and the artisans will be benefitted

3. Industry and labour involved in the production, marketing, and sale will earn more money and their social

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