3. Thomas L. Friedman
Globalization
1.0
(1492-1800)
He dividess the history of globalization into three periods
3
Globalization
2.0
(1800-2000)
Globalization
3.0
(2000-present)
Globalization of
countries
Globalization of
companies
Globalization of
individuals
5. Existed during the Hellenistic Age
The Silk Road trade network was established
The widespread use of Phoenician Alphabet
The conquests of Alexander the Great
The rise of the Roman Empire and its
expansion through trade and conquest
5
Phase 1: Archaic Globalization
6. 6
Phase 2: Proto-Globalization
The discoveries of Columbus and Vasco de Gama and the
subsequent expansion of European colonial Empires
The establishment of trade networks in the Indian Ocean and the
rise of the Maritime Silk Road.
The Industrial Revolution and the growth of the modern global
economy.
The American Revolution and the spread of democratic ideals
The Scramble for Africa and the partition of the continent by
European colonial powers.
7. 7
Phase 3: Modern Globalization
The growth of the digital economy and the rise of the internet
The expansion of global trade and the growth of multinational
corporations.
The globalization of finance and the rise of international capital
markets
The increasing interdependence of economies and the growth of
international trade and investment.
The increasing cultural exchange and the spread of popular
culture across borders