HISTORY OF GLOBALIZATION

Question 1

is one of the most debated topics in the field of Social Sciences

Answer 1

Globalization

Question 2

is always evolving, it is never regressive. It is also provides efficiency & enables us to perform tasks in less time.

Answer 2

Technology

Question 3

According to _____ as cited by Brawley (2008), many of those who argue that globalization is something quite new underestimate the extent to which the present looks like the past

Answer 3

Kenneth Waltz

Question 4

Is measured as one of the most important factors that started the cross-border relationship among nations. This process involves transfer or exchange of goods and services from one person to another or one country to another

Answer 4

Trade

Question 5

are ancient network of trade routes that connect the east and the west

Answer 5

Silk roads

Question 6

Chinese luxury consumers shopped a wide range of products, including:

Answer 6

Watches
Jewelry fashion
cosmetics
Fragrances
leather goods
and eyewear

Question 7

According to _____(2008) this was the road that
for many centuries saw the movement of people, object and ideas.

Answer 7

Kuzmina

Question 8

trade that was first conducted in stages and later by caravan,

Answer 8

Ethnic migrations

Question 9

The main focus of this trade in the Middle Aged was spices. The spices were traded mainly by sea since ancient times, unlike silk

Answer 9

Islamic trade

Question 10

is the sister spice of nutmeg. Nutmeg trees are the only plant to give us two spices.

Answer 10

Mace

Question 11

are the actual seeds of the tree while mace is what is known as an airl the protective coating of the see

Answer 11

Nutmegs

Question 12

This marked the period of intense globalizations, when millions migrated, trade greatly expanded, and new norms and organizations came to govern international conduct

Answer 12

FIRST WAVE OF GLOBALIZATION (19TH CENTURY)

Question 13

This period is characterized by machine manufacturing and industries.

Answer 13

FIRST WAVE OF GLOBALIZATION (19TH CENTURY)

Question 14

the ______ made for a fantastic twin engine of global trade.On another note, trains and steamships could transport goods, both within countries and across countries.

Answer 14

Industrial Revolution

Question 15

was the country who benefited most from globalization

Answer 15

Britain

Question 16

in the ____, allowed countries like Uruguay and Argentina, to enter the golden age of globalization

Answer 16

1870s

Question 17

refers to a process in which product is essentially deemed identical to the same class of offering presented by rival company.

Answer 17

COMMODITIZE

Question 18

traversed around 1760 to 1840. It is triggered by the invention of steam engine and construction of railroads.

Answer 18

FIRST INDUSTRIAL REVOLUTION

Question 19

which started in the late 19th century and into the early 20th century, made mass production possible, fostered by the advent of electricity and the assembly line.

Answer 19

The second industrial revolution

Question 20

began in the 1960’s. It is usually called the computer or the digital revolution because it was catalyzed be the development of semi-conductors, main frame computing and the internet.

Answer 20

The third industrial revolution

Question 21

It is characterized by a much more present mobile internet, by smaller and more powerful sensors that have become cheaper, and by artificial intelligence and machine learning.

Answer 21

GLOBALIZATION 4.0