All the answers!The first of globalization occurred in the ancient world. The thriving commercial network development of the Mediterranean, and Indus, โดยยุ a two Islam. These markets include and cosmopolitanism. Support not only through trade.But the focus pilgrimage Islamic beliefs. By early days trading, exploration, and cult the source raw material market, Europe, America and cult. It also saw the rise of capitalism and my class European trade powerful
.The 21st century European imperialism win and interwove Western economies with others around the world deeper than ever. Led to the isolation regions are more known between industry and the plan economy.While the process of globalization lagged after World War II. It bounced in the decades after the WWII mainly due to the reduce transport costs or transportation. Eliminate tariffs.And creating and worship of subsidies for small businesses and international organization, just to name a few
.By century advances in communication and the increasing ability to cross cultural barriers and linguistics. Another merit for business all over the world
One. Could say that globalization has been going on since the, Middle AgesWhen merchants traveled the Silk Road from Europe to China to buy and sell fabrics perfumes spices,,,,,, glassware jewels And slaves. With every technological breakthrough bringing faster communication or more efficient transport, of goods the. Countries of the world have become more closely connected.
The modern era of globalization began just after World, War IIWhen world leaders acted on their belief that interdependence would help prevent war and that, breaking down barriers to. International trade would spread prosperity. At the Bretton Woods Conference, in 1944 representatives of 44 nations laid. The foundations for the International Monetary Fund and what would become the World Bank.
In the 1950s multinational corporations,, Based in the U.S.And Europe grew tremendously. International trade mushroomed during the second half of the 20th century. The past, two decades. Especially have seen, more and more countries moving toward free-market economies and lowering barriers to trade.
.National economies have now become so tightly interconnected that a problem in one country can affect the rest of the world - as. We saw in the financial crisis that began in 2007.
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