8/15/2023 0 Comments Infographic meaning in englishRicher nations now can-and do-come to the aid of poorer nations in crisis. Globalization has of course led to great good, too. Furumo has studied in microcosm in palm oil plantations in the tropics. The downside to globalization can be seen in the increased risk for the transmission of diseases like ebola or severe acute respiratory syndrome (SARS), or in the kind of environmental harm that scientist Paul R. The benefits and disadvantages of globalization are the subject of ongoing debate. In the modern era, economic success or failure at one focal point of the global web can be felt in every major world economy. This digital revolution massively impacted economies across the world as well: they became more information-based and more interdependent. Someone wishing to travel from Boston, Massachusetts, to London, England, could do so in hours rather than the week or more it would have taken a hundred years ago. The World Wide Web and the Internet allowed someone in Germany to read about a breaking news story in Bolivia in real time. Advances in computer and communications technology launched a new global era and redefined what it meant to be “connected.” Modern communications satellites meant the 1964 Summer Olympics in Tokyo could be watched in the United States for the first time. With the Information Age, globalization went into overdrive. It rode the waves of industrialization, colonization, and war through the eighteenth, nineteenth, and twentieth centuries, powered by the invention of factories, railways, steamboats, cars, and planes. The web of globalization continued to spin out through the Age of Revolution, when ideas about liberty, equality, and fraternity spread like fire from America to France to Latin America and beyond. Trade and idea exchange now extended to a previously unconnected part of the world, where ships carrying plants, animals, and Spanish silver between the Old World and the New also carried Christian missionaries. New ship designs and the creation of the magnetic compass were key to the explorers’ successes. Again, technology played an important role in the maritime trade routes that flourished between old and newly discovered continents. Unquestionably, these types of exchanges were accelerated in the Age of Exploration, when European explorers seeking new sea routes to the spices and silks of Asia bumped into the Americas instead. Along with Chinese silk, Roman glass, and Arabian spices, ideas such as Buddhist beliefs and the secrets of paper-making also spread via these tendrils of trade. Advances in metallurgy led to the creation of coins advances in transportation led to the building of roads connecting the major empires of the day and increased agricultural production meant more food could be trafficked between locales. As with future globalizing booms, new technologies played a key role in the Silk Road trade. is perhaps the most well-known early example. The Silk Road, an ancient network of trade routes across China, Central Asia, and the Mediterranean used between 50 B.C.E. People traveled to nearby and faraway places well before Columbus’s voyage, however, exchanging their ideas, products, and customs along the way. When did globalization begin? Many scholars say it started with Columbus’s voyage to the New World in 1492. People, money, material goods, ideas, and even disease and devastation have traveled these silken strands, and have done so in greater numbers and with greater speed than ever in the present age. It may be pictured as the threads of an immense spider web formed over millennia, with the number and reach of these threads increasing over time. Globalization also captures in its scope the economic and social changes that have come about as a result. Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place.
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