Monday, October 7, 2019

Globalisation, International Trade and Marketing Essay

Globalisation, International Trade and Marketing - Essay Example Globalization trends have been different at various times of its evolution, allowing the observation of remarkable phases of evolution over time. The consideration of globalization process over the years, and the evaluation and assessment of the defining factors of globalization allow for the examination of past, present and future trends in globalization. Contemporary globalization takes a diverse and dynamic position, encompassing cultural, social, economic, political, technological and communication aspects. Origins of Contemporary Globalization Contemporary globalization is founded in human and social evolution, dating back to many centuries ago (Jain, 2011, p.10). The origin of modern time globalization can be traced by considering history of globalization throughout the years. The process can be said to have started right with the evolution of human societies. The multiplication and migration of human ancestors started between 10,000 and 20,000 years ago. At the time, hunting a nd gathering was the main survival practice. The multiplication of human life spread across the globe, aided by migration and settlement in new regions. Over the years to around 5,000 years ago, cultivation began and farming activities were evident in many natural environments around the world. Villages started developing and towns were being set up as a result. After the last ice age, agricultural revolution was experienced, marking a significant change in people’s life at the time (Jain, 2011, p.16). Need for exchange emerged, and trade resulted around 3,000 years ago. Tradable goods that included but not limited to artifacts and raw materials were exchanged. Global population growth was significantly rising, reaching one million people by this time. As a result, cultural, social and religious systems began to be realized. As high activity in all aspects of human life continued to be experienced, regional organizations were being realized. Growth and development of empires like Mesopotamia, Samarra, and Uruk emerged, and by 1AD, the entire world’s population approached 150 million people (Jain, 2011, p.19). With this increase in population, need for trade exacerbated. May social settings were not self-sufficient, leading to a scenario of interdependence among societies. Need for trade resulted in the establishment of trade routes around the world. 100 years after, major cities were emerging as trade centres, characterized by relatively high population in comparison to other settlement areas. Fifteenth Century marked a significant position for the current world phenomenon. This is the time that saw the development of the printing press in relatively developed societies of the world. A new world was therefore born, and global population hit 300 million people by this time. This and other major developmental aspects characterized the world until the 18th Century, when industrial revolution took place. Cultural, social, economic and political drive rs influenced the world, especially after the second revolution in agriculture. The global population was approaching a billion people. In the late 19th Century and early 20th Century (1880-1914), European empires had been fully integrated into the region’s set up, and world trade patterns were being re-organized and extended to integrate uncovered areas. By this time, the world population stood at approximately 1.6 billion people, with significant events in the 20th Century being World War I, Great

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