Age of Discovery Globalization 1.0 Globalization 2.0 Globalization 3.0
Globalization Period Globalization 4.0 15th – 18th Century 19th Century – 1914 1945 – 1989 1989 – 2008 Goods/ Materials/ Trading goods such Steam engine, the Factories where Due to free trade In addition to Inventions as gold, silver and industrial weaving products and policies, worldwide traditional goods and associated with each spices. machine and more services are mass- supply networks have services, people are particular period produced on a large emerged. now using digital scale ones. Turning points that From the early 15th occurred over the 1960-1990 was the During this period, A fourth industrial made great impact century that century ending in timeframe for the manufacturing revolution that has on the way people continued into the 1914 third industrial became more lasted since the year lived early 17th century revolution. mechanized, helping 2000 to set the scene for the next phase of technological advancement. Event that made Age of Exploration Transport goods over To facilitate travel, Emergence and People began using significant changes would permanently thousands of miles, people came up with widespread use of e-commerce and in the world alter the world and both within countries ideas like cards and the internet other digital services transform geography and across countries aircraft. instead of traditional into the modern ones. science it is today Construction of Suez Canal and opened yet another artery of world trade Negative impact/s Trade of enslaved Most European a period of economic technique of It's made possible by that were evident as people nations grabbed for a hardship called the obtaining AI, but it's also put at globalization piece of Africa Great Depression inexpensive labor risk by international continue of hacking and transpere cyberattacks.
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