eras of globalization Flashcards
One era of globalization took place from 1429 to around 1800.
Globalization 1.0
This period focused on the availability and utilization of horsepower, wind power, and steam power.
Globalization 1.0
Another era of globalization spanned from 1800 to approximately 2000.
Globalization 2.0
This era was marked by the rise of multinational companies as key drivers of change.
Globalization 2.0
This period was only interrupted by the two World Wars.
Globalization 2.0
this era is characterized by the convergence of computers, fiber-optic internet, and software, creating a “flat-world platform.”
Globalization 3.0
The sources also highlight a more recent era of globalization, often referred to as?
contemporary globalization
(Globalization 3.0)
The empowerment of individuals to collaborate and compete globally through the internet.
Globalization 3.0
Accelerated globalization driven by advancements in telecommunication and transportation technologies, particularly the internet.
Globalization 3.0
globalization of countries/nations
Globalization 1.0
globalization of corporations
Globalization 2.0
Multinational companies became its dynamic
force and driving change
Globalization 2.0
globalization of individuals
Globalization 3.0
large to medium
Globalization 1.0
medium to small
Globalization 2.0
