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The historical origins of globalization (also known as historical globalization) are the subject of ongoing debate. Though many scholars situate the origins of globalization in the modern era (around the 19th century), others regard it as a phenomenon with a long history, dating back thousands of years (a concept known as archaic globalization).
"First globalization" is a phrase used by economists to describe the world's first major period of globalization of trade and finance, which took place between 1870 and 1914. The "second globalization" began in 1944 and ended in 1971. This led to the third era of globalization, which began in 1989 and continues today. [1]
Globalization (North American spelling; also Oxford spelling [UK]) or globalisation (non-Oxford British spelling; see spelling differences) is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide.
Archaic globalization is a phase in the history of globalization, and conventionally refers to globalizing events and developments from the time of the earliest civilizations until roughly 1600 (the following period is known as early modern globalization).
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.
The first expedition was John Cabot in 1497 to the north, in the service of England, followed by French expeditions to South America and later to North America. Later expeditions went to the Pacific Ocean around South America, and eventually by following the Portuguese around Africa, into the Indian Ocean; discovering Australia in 1606, New ...
Proto-globalization or early modern globalization is a period of the history of globalization roughly spanning the years between 1500 and 1800, following the period of archaic globalization. First introduced by historians A. G. Hopkins and Christopher Bayly, the term describes the phase of increasing trade links and cultural exchange that ...
The term first came into a widespread usage in the United States of America. [18] The earliest use of the word is from 1943, in the book The War for Man's Soul by Ernst Jäckh, who used it to describe Adolf Hitler's global ambitions. [19] [3] The modern concept of globalism arose in the post-war debates of the 1940s in the United States. [20]