Globalization And The Rise Of Globalization

The interactions experienced by the Europeans, Native Americans, and Africans changed the economy and the society in many ways. The period more commonly known as the Columbian Exchange, which was set in motion by Christopher Columbus, a Spanish explorer who settled the Americas in 1492. The Americas, Africa, and Europe, began to trade back and forth between themselves, creating triangular trade. With this new method plants, animals, diseases, technology, ideas, populations, and culture were introduced and dispersed throughout one another.

When it comes to globalization, everyone may have a different vision of it’s outcome. For Marcelo Gleiser, the author of “Globalization: Two visions of the Future of Humanity”, a completely globalized world may result in a dystopia. In contrast, Jeffrey Wasserstrom, the author of “A Mickey Mouse Approach to Globalization” and Tanveer Ali, the creator of “The Subway Falafel Sandwich and the Americanization of Ethnic Food” may think of globalization as other cultures sharing each other’s components to interact on a new level and spurring a more “open-minded” (Ali 27) individual.

According to Friedman globalization was classified into three time periods. Globalization 1.0 (1492 to 1800) was considered to shrink the world from large to medium due to countries globalizing for resources and imperial conquest. Globalization 2.0 (1800 to 2000) was considered to shrink the world from medium to small because of companies globalizing for markets and labor. Globalization 3.0 (2000 to present) is shrinking the

To what extent did the European voyages of expansion and conquest inaugurate an era of global history? Is it correct to date the beginning of “globalization” from the late 15th century? Why or why not? European maritime exploration and expansion inaugurated the first global era of history. Exploration uncovered conquerors and explorers that gained the utmost forms of fame and glory.

Is the increasing globalization of business good or bad for the United States? If you are from a different country, what effect do you think globalization is having or will have on your country? Is globalization resulting in unequal gains for different countries?

Globalization is the process of world integration of ideas, cultures and economies. In the past five hundred years there were two major periods of globalization which have generated irreversible effects on the world. One period, began with the Age of Exploration in the late fifteenth century, and it spanned until the eighteen hundreds. The other period, the post WW II era, began in the middle of the twentieth century and continues today. Each of these eras marked a tremendous evolution in economic strength, religion, human rights, woman’s rights, agriculture and last but not least technology.

Perhaps a cliché to mention, but an important aspect of human life which has brought the entire race to where it stands today, is the very act and ability to communicate with each other; and finally in the 19th century, this ability to communicate culminated to that process of ultimate human integration which is known as “globalization”. Although the 19th century is considered as the beginning of the kind of “globalization” that describes the modern world today, the process is believed to have begun during the times of great voyages and discoveries. Arthur Macewan in his essay “What is Globalization” (2001) wrote, “Ever since Adam and Eve left the garden, people have been expanding the geographic realm of their economic, political, social and cultural contacts.

With the progression of globalization, commodities can be transferred to all over the world. That people from different countries can purchase the same products is no longer a dream, that also lead to the similarity between countries. Personally, I strongly believe that the development brings more negative influence to local communities than the positive ones.

Globalization is a new term to describe social, cultural, and economic process. It is a process that describes the interaction between different social groups. Tomas L. Freidman (2005), an American journalist, columnist and author, he wrote a book called “The world is Flat”. In the article, he notices that there are three period of globalization. He named the first period of globalization the globalization 1 which lasted from 1942. In the globalization 1, only countries involved in globalization. The globalization 2 lasted from 1800 to 2000. In this period, a lot of companies from different countries got involved. The last period is from 2000 to now. In the last period, individuals also involved in

The Two eras of Globalization were described by increased cooperation and integration in trade, smooth capital flows and free movement of labors. In another words, under the umbrella of Globalization, any product that has been manufactured in somewhere in the globe could easily finds its way into the market in another part of the world. In addition, since this process became the

If we want to fully understand the importance of globalization and its effects on the world’s economy and society now and its potential for the future, it is vital that we study its past and how it has originated. The history of Globalization is broad and diverse therefore it is only possible to outline some of the main areas. Globalization isn’t just a modern day phenomenon. Trading activities date from the very earliest of civilizations, but it was the Middle Ages in Europe that initiated systematic cross-border trading operations carried out by institutions of a private corporate nature. By the end of the 14th century it is estimated that there were as many as 150 Italian banking companies already operating multinationally. (Dunning, 1993) This is not exactly globalization, it is however international trade. International trade is one of the main concepts behind globalization.

Politically, globalization started mostly because of colonization which also helped shape the world today. The positive side of colonization is that many countries and regions of the world became very developed, including the USA, Europe, and parts of Asia. As colonization began in the 1490s and the early 1500s in the Americas, Great

In 1492 Globalization struck the world, due to the voyages sent out by the two kingdoms of the Iberian Peninsula. The voyages led to development

The rise of globalization following WWII generated three important factors that define today’s world. McNeill and McNeill agree with Pollard, Rosenberg, and Tignor that multiple economic changes, such as the creation of financial institutions like the International Monetary Fund (IMF) contributed to the globalization of the world economy. Carter and Warren further this argument by claiming that globalization has caused shifts in the modern economy, namely the rise of Asian economic powers. However, all three historians agree that the rise of globalization goes hand in hand with the rise of inequality in today’s world. Gaps in power, wealth, and access to information have only widened due to the trend of globalization. The final key factor defining our world today are the ongoing processes affecting development countries. McNeill and McNeill argue similarly to Carter and Warren that the end of imperialism generated new nations who quickly realized the free market was a pathway to stability. However, Pollard et al. and McNeill and McNeill place importance on financial institutions like the IMF forcing developing nations to reform their economies to be subservient to the world’s economy. Together, these historians argue that the trend of globalization following WWII caused factors like the modern global economy, the rise in inequality, and the development of new, decolonized nations to be key determiners in the world today.

According to Thomas L. Friedman, author of The World is Flat, the concept of globalization happened in three eras. The first era occurred 1492 until 1800 with the age of exploration and discovery. Globalization 2.0 followed, lasting 1800-2000. It was characterized by the Industrial Revolution. The third era of globalization began in the year 2000, and occurs to this day (Friedman, year, p.8). But the real question is, what sparked the rise of globalization? The term is modern, but the concept is not.