History of Globalization

Topics: Great Depression, Globalization, Industrial Revolution Pages: 2 (730 words) Published: May 30, 2005
History of Globablization #1

1.Globalization basically means that the world is slowly becoming one, instead of divided lands. Most people think that globalization has to do with just business influences. However, it's also travel, communication, culture, etc that is affecting the spread of the world's cultures. Basically, globalization is where goods and services are produced in one part of the world but eventually shared on an international level. The history of globalization started a lot farther back than I thought it would. The earliest event that I could find was back in circa 325BCE. A man named Chandragupta Maurya became a Buddhist and combined the powers of a world religion, trade economy, and imperial armies for the first time ever. Alexander the Great sued for peace with him in 325BCE at Gerosia, which made the eastward link among overland routes between the Mediterranean, Persia, India, and Central Asia. Although, "officially", globalization didn't actually start until 19th Century, events along the world's timeline helped get the movement going. As I understand it, globalization increases as countries progress. Events such as Genghis Kahn, the expansion of Islam, the age of European exploration, slave trade, The Great Depression era, the Industrial Revolution, and now into the Technological Revolution. These are just a few of many events or occurrences that have helped jumpstart globalization.

2.Some positives of globalization that are taking place, and have occurred, can be seen in a lot of the world's economies. There are fewer barriers in trade and investments as companies and other various business interests can begin ventures in other countries. Not only can this help the firms themselves, but it could also help the economy and help develop a healthier market. In tandem with this, multinational businesses are one of the major factors in affecting the globalization of the world economy because they have productive activities...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • history Essay
  • Essay on globalization
  • Essay on History of Globalization
  • History of Essays
  • history Essay
  • HISTORY Essay
  • history Essay

Become a StudyMode Member

Sign Up - It's Free