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"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]
Klaus Schwab, founder and Executive Chairman of the World Economic Forum, Richard Baldwin and Philippe Martin have divided the history of globalization into four eras: Globalization 1.0 was before World War I, Globalization 2.0 was after World War II "when trade in goods was combined with complementary Globalization 3.0, for which other terms ...
The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialisation), developed its current meaning sometime in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post–Cold War world. [2]
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 ...
Studies show that the pre-modern migration of human populations begins with the movement of Homo erectus out of Africa across Eurasia about 1.75 million years ago. Homo sapiens appeared to have occupied all of Africa about 150,000 years ago; some members of this species moved out of Africa 70,000 years ago (or, according to more recent studies, as early as 125,000 years ago into Asia, [1] [2 ...
If we look across the different aspects of globalization it’s the people flows that have been hit the hardest: Adjunct Professor. July 24, 2020 at 1:52 PM ...
The 13th-century world-system, as described by Janet Abu-Lughod. 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).
Processes of globalization present humankind with many issues that are considered problematic in at least one culture or society, and often multiple societies. World Bank Protester, Jakarta, Indonesia The global digital divide: Computers per 100 people. Global issues (category) Climate justice; Economic inequality; Fair trade; Forced migration ...