1. History and Information
Globalization
History and Information

2. In your own words… Define globalization. What comes to your mind?
Come up with several specific examples.

3. Definition Globalization-
1. Process of transformation of local/regional things into global ones.
2. Process by which the people of the world are unified into a single society and function together.

4. How does it happen? What is included?
What is included: international trade, foreign investment, capital(money) flow, migration, and spread of technology
How: Combining the economic, technological, cultural, and political forces

5. Earliest Examples
The term “going global” was something different in earlier eras in history.
We will travel back in time over 2000 years to see some of the earliest examples

6. Silk Road:114 BC
5000 miles, overland trade route from East Asia to Europe

7. Roman Empire: 27 BC
At its height, Romans were on three continents. They controlled over
2.3 million sq. miles. Vast system of roads allowed trade to be free flowing
through the empire, over 50,000 miles of paved roads.

8. 15th century Exploration
Exploration and Western Expansion started by Portuguese and Spanish

9. 19th century British Empire
British colonies and territories are worldwide. This is why we have the term
“The sun never sets on the British Empire.” All of the colonies were done for
the idea of mercantilism.

10. Positives and Negatives
Open markets, finds new customers
Brings jobs to people worldwide
Lowers the price of goods
Spreads cultures
Global communication
Competition too hard for poorer nations
Exploitation of workers
Outsourcing can force larger gap in societies
Weaker labor unions

11. Research Find a company you think is “Global”
Provide brief history of company
Information about products/goods/service
Headquarters: location of original store
# of employees
How are they global? What do they use to find markets and customers?
Countries they sell to?