CIVICS FORM FOUR LESSON NOTES ALL TOPICS
What Is Globalization?
Globalization - The integration of regional economies, societies and cultures throughout the world.
Cooperation - Stabilization of the personal relationship between members of the society
Free Market Economy - Is where people are free to engage in any type of economic activity
State centered economy - Is an economic system where the government controls the economy Nationalization - The process of taking an industry or assets into the public ownership of a national government or state
Purpose of the East African union
i. Common market
ii. increase agricultural and industrial products
iii. encourage investors to move capital here
iv. common passports, encourage production of commodities on a large scale
v. Common regulation/standardization boards and laws Areas of cooperation in East African countries
vi. Trade
vii. investments/industrial development
viii. monetary/fiscal affairs
ix. infrastructure/social services
x. free movement of people and goods
xi. science/technology
xii. agriculture/food security
How the establishment of the East African common market benefits Tanzania
1. It will facilitate economic competition
2. Increase employment opportunities
3. Free movement of goods and people
4. Promote investment
5. Development of industries
TOPICS
1. CULTURE
2. GLOBALIZATION
