Globalization: A Brief Discussion on its History and Impact

The discussion provides a brief view of the globalization procedures that might help in future research. It covers the history of globalization, the different periods of globalization, and its impact on the world. The discussion also demonstrates the first as well as second large scale efforts of globalization.

Response on discussion
questions

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According to the discussion, globalization has taken place from 15th century, and the
spice trade between India and Europe is considered to be the first example of globalization. It is
evaluated that globalization generated during the falling of the Berlin Wall, but it started during
the time of free market. From the discussion, it is seen that globalization was mainly broken
down during four different periods of which one was in the 15th century when the open trade was
discovered through new countries and cultures. The second period was after the Post World War
II, the third period was when political changes occurred from 1978 to 1991 and the last period
was when communications increased through various technologies (Gaspar, Bierman, Hise,
Kolari & Smith, 2017).
From the fact, it is clear that the first large scale efforts of globalization generated during
the beginning of World War II and this opening aspect of global trade formed a good way to
enhance the economic conditions of various countries throughout the world. In other words, the
second massive scale effort of globalization started at the age of smartphones, computers and
advanced technology, where people effectively used various mode of communication technology
to connect with others. Furthermore, the discussion demonstrated that Portugal in 1800 was
considered to be the most successful country of globalization and the European explorers mainly
follow this country for trading purposes.
After reviewing the text, one of my responses to the discussion was that globalization
took place in the 15th century, but it not only took place between India, Europe, China and Arab
but it started in various other countries of the world. Though the discussion was all good it was
necessary to mention all places or countries where globalization took place in the 15th century, I
have also noticed that the broken down aspect of globalization was divided into four periods and
according to this fact, I am quite satisfied with the discussion. Moreover, I found that the four
periods where globalization has broken down are accurately described which shows different
periods of improving the procedure of globalization. After reviewing all these periodic eras of
globalization it can be said that it provides a brief discussion of the different period where
globalization got improved or it was affected.
From this context, it is seen that the international organizations, explorers and financial
institutions provides a positive impact on improving the globalization aspects. Moreover,
changes in different country’s political rules creates an issue for improving the globalization

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aspect. Hence, this brief demonstration provides a view of the whole globalization aspects and
therefore, on this fact I can say that their discussion was quite good. In addition, the discussion
also demonstrated the first as well as second large scale efforts of globalization which was quite
helpful for determining the improving aspect of the trading procedure. Therefore, after reviewing
these efforts, it can be said that the discussion provides a brief view of the globalization
procedures that might help in future research. As per my opinion, the discussion was quite good
as it reflects various sides of globalization and therefore I responded positively after reviewing
the whole debate.

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References
Arreola Gaspar, Bierman, L., Hise, R., Kolari, & Smith, LM., (2017). Introduction to Global
Business: Understanding the International Environment and Global Business Functions.
Cengage Learning.
Globalization. Everyday Finance: Economics, Personal Money Management, and
Entrepreneurship. . Retrieved February 26, (2019) from Encyclopedia.com:
https://www.encyclopedia.com/finance/encyclopedias-almanacs-transcripts-and-maps/
globalization (Links to an external site.)Links to an external site.