Nr. 10
l. (1-13): First globalization era based on the imperialism of countries from 1492 until 1800
l. (14-33): Second globalization era caused by multinational companies and technological breakthroughs from 1800 to 2000
l. (34-47): Third globalization era of the individual
l. (48.60): Diverse as a feature of globalization 3.0
The first globalization era from 1492 to 1800 is based on the imperialism of countries that want to compete with each other by comparing their forces. It is shrinking the world from a size large to a size medium. (l. 3f)
Globalization 2.0 from 1800 until 2000 is caused by multinational companies and the Industrial Revolution. Because of technological breakthroughs the transportation and communication costs fell and led to growing trade and connections between firms in foreign countries. This process is shrinking the world to a size small.
Since 2000 the individual is involved in the globalization 3.0 and the world has got the size tiny. Everyone has to compete and collaborate with humans all over the world. Apart from this the globalization process is more and more influenced by non-Western individuals and diverse.
Thank you very much. Your text really helped my daughter for her geography exam.
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