While some historians trace the history of globalization back to classical antiquity, most agree that modern globalization begins with industrial and imperial developments in Western civilization and their subsequent worldwide impact. Both of these components are intrinsically connected to the expansive character of 19th century capitalism.Continue Reading
The first glimpses of globalization occur in the ancient world, where thriving trade networks developed in the Mediterranean world and in the Indus River Valley. By the Islamic golden age, these markets were integrated, and cosmopolitanism was enhanced not only through trade, particularly by Jews and Muslims, but through the pilgrimage-oriented faith of Islam itself. By the early modern period, trade, exploration and colonialism brought new sources of raw materials and burgeoning markets for European states. It also saw the rise of capitalism and the advent of a powerful European merchant class.
By the 19th century, European conquest and imperialism interwove Western economies with others worldwide more deeply than ever before, leading to a more recognizable regional separation between industrial and agrarian economies, while the world economy itself became almost completely devoted to capital accumulation. While the process of globalization lagged after World War I, it rebounded in the decades following WWII, largely due to significant reductions in shipping or transportation costs, the elimination of many tariffs, more consistent support of intellectual property rights across international boundaries and the creation and sustenance of specialized subsidies for both small businesses and global corporations, just to name a few.
By the 20th century, advances in communication and social media technologies contributed to increased capabilities in crossing cultural and linguistic barriers, another boon for globally integrated business.Learn more about Modern History
The shortest war in history lasted just 38 minutes. The Anglo-Zanzibar War in 1896 came about after a British-supported Sultan in Zanzibar died of suspicious causes.Full Answer >
Some influential people in history are William Shakespeare, Mahatma Gandhi, Alexander Hamilton, Friedrich Nietzsche, Franklin D. Roosevelt, Sigmund Freud, Charles Dickens, Paul the Apostle, Winston Churchill, Augustus, Leonardo da Vinci, Isaac Newton, Albert Einstein, Queen Victoria, Martin Luther, Aristotle, Jesus, Napoleon and Muhammad, notes Time magazine. Other influential people include Abraham Lincoln, George Washington, Adolf Hitler, Alexander the Great, Thomas Jefferson, Karl Marx and Elizabeth I of England.Full Answer >
Important events from Ghana's history include the Kingdom of Melle conquering the Kingdom of Ghana in the 13th century, the arrival of Europeans in the 15th century and the slave trade of the1400s to the mid-1800s. Notable recent events include the country gaining independence in 1957.Full Answer >
Some bad leaders in history include Mao Zedong, Joseph Stalin, Adolf Hitler and Leopold II of Belgium. Mao Zedong is responsible for the death of approximately 65 million people, Joseph Stalin for the death of 23 million people and Adolf Hitler for the death of 17 million people.Full Answer >