HISTORY OF GLOBALIZATION Flashcards
is one of the most debated topics in the field of Social Sciences
Globalization
is always evolving, it is never regressive. It is also provides efficiency & enables us to perform tasks in less time.
Technology
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
Kenneth Waltz
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
Trade
are ancient network of trade routes that connect the east and the west
Silk roads
Chinese luxury consumers shopped a wide range of products, including:
Watches
Jewelry fashion
cosmetics
Fragrances
leather goods
and eyewear
According to _____(2008) this was the road that
for many centuries saw the movement of people, object and ideas.
Kuzmina
trade that was first conducted in stages and later by caravan,
Ethnic migrations
The main focus of this trade in the Middle Aged was spices. The spices were traded mainly by sea since ancient times, unlike silk
Islamic trade
is the sister spice of nutmeg. Nutmeg trees are the only plant to give us two spices.
Mace
are the actual seeds of the tree while mace is what is known as an airl the protective coating of the see
Nutmegs
This marked the period of intense globalizations, when millions migrated, trade greatly expanded, and new norms and organizations came to govern international conduct
FIRST WAVE OF GLOBALIZATION (19TH CENTURY)
This period is characterized by machine manufacturing and industries.
FIRST WAVE OF GLOBALIZATION (19TH CENTURY)
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.
Industrial Revolution
was the country who benefited most from globalization
Britain
in the ____, allowed countries like Uruguay and Argentina, to enter the golden age of globalization
1870s
refers to a process in which product is essentially deemed identical to the same class of offering presented by rival company.
COMMODITIZE
traversed around 1760 to 1840. It is triggered by the invention of steam engine and construction of railroads.
FIRST INDUSTRIAL REVOLUTION
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.
The second industrial revolution
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.
The third industrial revolution
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.
GLOBALIZATION 4.0
