Professional Documents
Culture Documents
Definitions of Globalization
Definitions of Globalization
(2) The European Union is an economic and political o Established when the Han Dynasty in China
union of 28 countries. Emigrating from one country to officially opened trade with the West in 130
B.C., the Silk Road routes remained in use until
1453 A.D., when the Ottoman Empire boycotted leadership of a new hegemon, the United States
trade with China and closed them. of America, and aided by the technologies of
the Second Industrial Revolution, like the car
o Trade along the so-called Silk Road economic
and the plane, global trade started to rise once
belt included fruits and vegetables, livestock,
again.
grain, leather and hides, tools, religious objects,
artwork, precious stones and metals and— o Technological advances including mobile
perhaps more importantly—language, culture, phones and especially the internet have
religious beliefs, philosophy and science. contributed to globalization by connecting
people all over the world.
o Commodities such as paper and gunpowder,
both invented by the Chinese during the Han 5. Fourth wave of globalization (Present times)
Dynasty, had obvious and lasting impacts on
o In a world increasingly dominated by two global
culture and history in the West. They were also
powers, the US and China, the new frontier of
among the most-traded items between the East
globalization is the cyber world. The digital
and West.
economy, in its infancy during the third wave of
o Paper was invented in China during the 3rd globalization, is now becoming a force to reckon
century B.C., and its use spread via the Silk with through e-commerce, digital services, 3D
Road. printing. It is further enabled by artificial
intelligence, but threatened by cross-border
2. Age of Discovery
hacking and cyber-attacks.
o The Age of Discovery or Age of Exploration was
o At the same time, a negative globalization is
a period from the early 15th century that
expanding too, through the global effect of
continued into the early 17th century, during
climate change. Pollution in one part of the
which European ships travelled around the
world leads to extreme weather events in
world to search for new trading routes. They
another. And the cutting of forests in the few
were in search of trading goods such as gold,
“green lungs” the world has left, like the
silver and spices.
Amazon rainforest, has a further devastating
o Discovery of America / Scientific Revolution / effect on not just the world’s biodiversity, but
Colonialism / Mercantilism / Slave Trade its capacity to cope with hazardous greenhouse
gas emissions.
3. First wave of globalization (Industrial Revolution)