How Globalization has changed through the years

How Globalization has changed through the years

Globalization is the process of interchange, interaction, interconnection, and combination or amalgamation among various Human beings, Companies, and Governments in the continent.  A diverse group of schoolers has come up with different theories explaining the origin of Globalization; for example, O’Rourke and Williamson claim that Globalization began when intercontinental commodity retail integrated.  [1]However, in their papers, Held et al. (2017) argue that Globalization began when humankind first started to travel a very long time ago. Their various alternatives explaining the word “globalization” is, both options can be considered to be right because the definition of Globalization changes over time. Globalization changed to become a definition of the world spread the use of newer technologies and ways that people connect all over the world, such as airplanes, the internet, and the flow of trade between states.

According to the research conducted by Jessop and Bob and O’Rourke (2017), Globalization begins on the old 15^th centennial, when Columbus came across the Americas. According to this, Globalization meaning was defined as the Europeans that came to America to live. Because they were travelling into the world and bringing their cultures with them spreading it to the people they interacted with. However, the Europeans didn’t just bring their lifestyles with them, but also spread their knowledge of trading, and developed a trading system to connect the new world with the old world. [2]Due to recent development Technology, the invention of airplanes, smartphones, and the design of transportation systems such as cars that are capable of transporting humanity and the dislocation of goods and services such as clothes, food, and industrial products.

Then Globalization has changed to something that includes a diversity of activities, not just humankind travelling to various parts of the continent but also being able to communicate with one another in a matter of seconds, even if they are thousands of miles apart.

According to the Merriam-Webster dictionary of research, the definition of Globalization is the evolution of a progressively desegregated worldwide financial state pronounced for the most part by free commerce, free flow of money, and the confining of inexpensive remort exertion markets. [3]This definition could not apply to other centuries like the fourteenth century because there was no real international trade back then. The Americas has not been ‘discovered,’ and although trade existed between different continents such as Asia, Europe, and Africa, those three continents do not make up the whole world. Therefore it cannot be considered ‘international’ trade or a “global economy indeed,” as stated in the definition above.

According to schoolers such as Waterman Peter and Max Roser (2016), in their article “International Trade,” international trade started expanding more across the world after World War II. [4]Technological advancements such as the development of telephones becoming the primary form of communication between people. According to these improvements, the term, Globalization has taken a new meaning, taking on the forms of communication between people. After the Second World War, people were using the newly developed technologies like telephones and airplanes as one of the cheapest and fastest ways to reach one another, which is faster than sending letters or traveling by car or ships. This is part of Globalization because it shows how people have come up with new ideas of making communication much more comfortable, creating more interaction among humankind in every part of the Glob.

The second World War also come up whith what is considered the “second wave of Globalization. [5]Unlike the “first wave of globalization,” which is considered inter-industry trade, and it states that countries export different goods from the ones they import. In the “second wave” of Globalization, countries were involved in trading similar products, consider intra-industry trade. Intra-industry business transformed Globalization again because now countries are not only exchanging business with countries for things that they need but do not have, i.e., England getting spices from India, and India getting machines from England. This meant that now countries are exchanging things such as France and Germany trading cars because people want to buy them. This kind of trade happened all over the world, allowing countries to exchange intermediate goods for finished products.

Globalization in the evolved from generation to generation, and the scientific revolution brought these changes over centuries. If we go back in history to look at how Globalization first started, we can look at our ancestors and at how they immigrated across lands, invented languages, and started traditions. According to Alok Sheel, in their article, Economic Times, Globalization has been around since the end of the Middle Ages. People born in communities would never leave, and those who migrated to other places would never return. Sheel argues that even though Globalization existed back then, it was accessible to the elite because it was expensive and took longer to get around from community to community since travel relied on slow-moving animals.

“A Quick Guide to the World History of Globalization” An online article published on Sus.Upenn.edu discusses big historical moments that have led to what Globalization is today. For example, in the first century C.E., Buddhism first makes its way into China under the Han dynasty and creates links through east Asia that eventually led to the foundation of the silk road.  In the years between 650 and 850, the Islamic religion was introduced from the western Mediterranean to India. This form of ‘religious globalization’ is different from the type of Globalization that people associate with the 20^th or 21^st century. [6]The movement of religion and new belief systems to various countries in the east made way for the start of new cultures. Looking from when people began to travel in the world long ago to now, what Globalization means has changed because of technology. Thanks to these changes in Globalization, people all over the world are more connected than ever, being able to travel by air, sea, or land faster than ever before. The continuous change in the Technological sector, the more theories explaining what Globalization is.

 

 

 

 

Bibliology

Beck, Ulrich. What is Globalization?. John Wiley & Sons, 2018.

Jessop, Bob. “The Future of the State in an Era of Globalization.” In Challenges of Globalization, pp. 13-26. Routledge, 2017.

Lechner, Frank J., and John Boli, eds. The globalization reader. John Wiley & Sons, 2020.

Meyer, Klaus E. “International business in an era of anti-globalization.” Multinational Business Review (2017).

Pieterse, J. N. (2019). Globalization and culture: global mélange. Rowman & Littlefield.

Waterman, Peter, ed. Labour worldwide in the era of Globalization: Alternative union models in the new world order. Springer, 2016.

 

[1] Jessop, Bob. “The Future of the State in an Era of Globalization.” In Challenges of Globalization, pp. 13-26. Routledge, 2017.

 

[2] Meyer, Klaus E. “International business in an era of anti-globalization.” Multinational Business Review (2017).

 

[3] Waterman, Peter, ed. Labour worldwide in the era of Globalization: Alternative union models in the new world order. Springer, 2016.

 

[4] Waterman, Peter, ed. Labour worldwide in the era of Globalization: Alternative union models in the new world order. Springer, 2016.

 

[5] Waterman, Peter, ed. Labour worldwide in the era of Globalization: Alternative union models in the new world order. Springer, 2016.

 

[6] Pieterse, J. N. (2019). Globalization and culture: global mélange. Rowman & Littlefield.