History of Globalization Timeline

History of Globalization Timeline

Second Phase

Continued

Mercantalism

Slave Trade

There are many types of slavery; slave labor, child labor and indentured labor. The North- Atlantic Slave trade was the main trading, where Europeans would give African guns and other weapons in return for slaves

Mercantalism: A policy followed by European imperial powers from the 16th - 19th century. In colonies, trade was strictly controlled by imperial powers to benifit themselves.

First Phase

Capitalism

An economic system that advotcates free trade, competition and choice as a means of achieving prosperity,

The first phase was 300 BCE to the 1400's. This was the first stages of interactions with each other.

Thrid Phase

Indo- Arabic Number System

We are currently in the third phase, which began after World War II. This is a time of rapid growth.

Silk Road

This number system was originated in India and was later adopted in the Middle East. This system quickly spread because the Europeans who traded with the Middle East would use this system, and later introduced it to Italy. And became known throughout Europe and is used today around the world.

Stared around 325 BCE, and involved the trading of spices and knowledge. Was the first interaction with other people.

Second Phase

1945- Present

Colonial Empires

From 1945- 2013, we have developed many new technologies; from the computer to televisions. We have developed the internet and airplanes. We have had a period of rapid growth that willdefinetly continue in the futre.

In the 19th Century, Britan was the most powerful country, which resluted in conflict as well as economic growth for Britan.

This phase was from the 1400's to 1945. This phase presented the world with new technologies and the growth of globalization related to European imperialism.

Rise of the Middle Class

Christopher Columbus

New Technologies

As towns and cities grew, Europoan cultures needed to adapt, thus creating the middle class. This attracted traders, entrepreneurs, crafts people, bankers and scholars. These people made money by practicing a trade, which made the middle class and helped the economy grow.

1492- Columbus made his first voyage to the new world from Spain. He was searching for spices, and in 1493, he brought seeds, fruit trees and livestock. What Columbus brought with him, later started the Grand Exchange.

With more people reading and learning, this led to new inventions and technologies, such as large square sails and the lateen. This enabled ships to sail farther and faster. Navigational tools; maps, compasses and the sextant also became popular and let sailors travel without losing their way

The Printing Press

Imperialism

The invention of the printing press led to more people reading, and learning about science, religion, politics and philosophy. People had more access to books because books were made easily and cheaply.

Imperialism- when a country takes control of another country and the people in it, and taking it by force. An example of this would be England taking over India and their cultures. When India tryed to retaliate, the British attacked them with their military forces.

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