Globalisation was a societal development that grew out of the Age of Revolution. The concepts of liberty, equality, and fraternity spread from the United States to France and Latin America and beyond. As the world grew more connected, so did the globalisation that came with it. Industrialisation, the movement of capital and ideas around the world, and a new technology called the steamboat enabled the spread of ideas and goods worldwide.
Many scholars say globalisation started with the voyage of Columbus to the New World in 1492. However, before that, people traveled to faraway lands and exchanged goods and customs along the way. This was the first instance of globalization. The Silk Road was an ancient network of trade routes that was in use from 50 B.C.E. to 250 C.E. During that period, new technologies were used to expand the market.
Though the term “globalization” has become synonymous with the globalization process, it is not actually a new concept. It is a historical development that grew from exploitation of natural resources and cheap labor. In both cases, the victim nation is a poor and corrupt society, while the exploitation of the former is not beneficial. The only thing benefiting from globalisation is the exploiter, and the former is a poorer nation.
Globalization requires the movement of people around the world. Since the rise of the modern world, state-boundary boundaries have changed dramatically. Over the past century, the movement of tourists and business people has increased significantly. There have been numerous technological developments that have paved the way for this globalization, and the similarities are striking. The first instance of globalization, colonization, is a global phenomenon.
The globalisation of the past has become increasingly globalized. The first period of globalization is when Columbus set out to conquer the New World. Before the discovery of the New World, however, people had been traveling and trading between distant places. They exchanged products and ideas and shared customs. In addition, the Silk Road, an ancient network of trade routes, was used between the year 50 B.C.E. and the Middle Ages. This network of trade routes played an important role in the Silk Road, and it made use of new technologies.
In other words, the practice of colonization was not only a monetary system, it also encouraged trade. Today, global trade is a major contributor to this growth. In addition to colonization, globalization has also led to a more integrated world economy. Further, it has contributed to many conflicts around the world. Further, it has facilitated trade between countries. The rise of globalisation also led to the creation of new technologies.
Although globalization may have begun with colonization, it was a cultural development before the age of globalisation. While the first instance of globalization was the age of discovery, many people had been traveling to faraway places, exchanging products, and developing their own customs. During this period, the Silk Road was used as a trade route. As a result, the world economy became increasingly interconnected.
The first wave of globalisation coincided with a darker phase of the 19th century. European nations, which were the most globally-minded, snatched up Africa. By 1900, only Ethiopia was an independent country. Other large countries were not allowed to adapt to the industrial trends of the West, and many of them were unable to compete with the lower-cost foreign labour. This was because they did not have access to the resources necessary to develop independently.
After the fall of the Soviet Union and the first waves of globalisation, trade between countries became globalised. As a result, trade became more competitive and the world economy became more connected. During the Age of discovery, trade was globalised and siloed. The World Trade Organization (WTO) was shut down by environmentalists and trade unions in Seattle in 1999, and a coalition of nationalists and other groups eventually succeeded in blocking it from meeting.