Globalization is a process of interaction and integration among the people, companies, and governments of different nations. A process driven by international trade and investment. This process has effects on the environment, on culture, on political systems, on economic development and on human physical well-being in societies around the world.
Question here is: Is this a new phenomenon?
Watch the video below and make notes. At last, answer the questions.
1.1 Explain in your own words the following terms:
1.2 According to the video, what characterized the first phase of globalization?
1.3 Which important events took place during the first phase?
1.4 The second phase of globalization covers the period of intensive internationalization of transportation systems, communications, commerce and science. In which century did the second phase of globalization take place?
1.5 In the third phase, during the second half of the 19th century, the connectivity between countries improved. Which technologies caused this improved connectivity?
1.6 Which events in the 20th century disrupted this connectivity (mentioned above)?
1.7 What are the two most important developments in the third phase that have further accelerated globalization?
2.1 In the 19th century the industrialization took place. What were the benefits of the industrialization? Or what was improved due to the industrialization?
2.2 What were the goals of capitalism, back in 1945 – 1970 (the Golden age of Capitalism)?
2.3 The new economic world order, generated by organizations like IMF, Worldbank, World Trade Organization and United Nations, wanted to organize international trade differently. What was the difference between trading in 1930’s and in the 1970’s according the speaker?
2.4 In the second phase of the globalization countries competed with each other. By what has this country-to-country competition been replaced in the third phase?
3.1 The video tells the history of globalization. It starts at the 15th century. However, wasn’t there globalization before? Yes it was!
Describe in ± 200 words how globalization would have looked like before the 15th century (year 3,500 bc* – 1500).
*bc = before Christ
To do so, find al least two major developments in the years 3,500 bc until the year 0000 that ignited the first form of globalization.
3.2 Search the internet and describe the communication tools people had in the year 3,500 bc until 1500.
Core assignments for students
Discover whether you master the essence of this case by completing the corresponding core assignments. If necessary, you can share your answers with your teacher or supervisor.
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