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BEGINNING OF GLOBALIZATION
PHASES
Conventional Phases
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Cards (10)
The
Phases
"
perspective
" of the
origin
of
globalization
believes that?
Globalization occurred sequentially each with its own point of origin.
What are these phases?
Eurasian Phase
(
300BCE
)
Afro-Eurasian Phase
(
100 BCE
)
Oriental Phase I
(
500 BCE
)
Oriental Phase (1100 AD)
Multicentric Phase (1500 AD)
Euro-Atlantic Phase (1800)
20 C Phase (1950)
21 C Phase
(
2000
)
What transpired in the Eurasian Phase? What year?
3000 BCE
Agricultural and
urban
revolutions
, migrations, increased trade, and ancient empires grew out of Eurasia
What transpired in the Afro-Eurasian Phase? What year?
1000 BCE
Commercial revolutions
commenced
in the
Greco-Roman world
,
West Asia
and
East Africa
.
What transpired in the Oriental Phase I? What Year
500 BCE
The world economy emerged alongside the caravan trade in the
Middle East
.
What transpired in the Oritenta l Phase II? What year?
1100 AD
The improvements in productivity and technology emerged throughout East and South Asia, with increase
urbanization
and development of the silk routes.
What transpired in the Multicentric Phase (11500 Ad)? What year?
1500 AD
Trade expanded across the Atlantic Ocean and into the Americas.
What transpired in the
Euro-Atlantic
PHase
(
1800
)? What year?
1800
The Euro-Atlantic economy developed through industrialization and the colonial division of labor.
What happened in the 20th Century Phae (20C Phase)? What year?
1950
MNCs
(Multinational Corporations) and global value chains emerged throughout the US, and
urope
. and Japan and the Cold War ended.
What transpired in the 21st century (20C) Phase? What year?
2000
A new geography of trade encompasses East Asia and the emerging economies, with a global rebalancing of power and economic flows.