THE FIRST STEPS TOWARDS GLOBALIZATION:
Globalization is not new. For thousands of years, people—and, later, corporations—have been buying from and selling to each other in lands at great distances. This historic global trade and interaction happened slowly until new technologies revolutionized transportation.
As new technologies made transportation easier, policies in cross border trade evolved to promote global trade, investment and migration of workers and we entered into globalization.
Historic Milestones in Globalization:
The Silk Road: 100BC- 15th Century
Age of Exploration: 15th Century
Colonialism/Mercantilism: 15th-19th Century
Today globalization is “farther, faster, cheaper, and deeper.” Thomas Friedman
The Way We Move: BBC Documentary
Discuss how the technological advancement of the following transportation methods has contributed to creating a globalized society.
Motor Vehicle Networks (cars and roads):