First of all, people have been trading goods since civilization began. In the 1st century BC, there was the transportation of goods from China to Europe. The goods transportation took place along the Silk Road. The Silk Road route was very long in distance. This was a remarkable development in the history of Globalization. This is because, for the first time ever, goods were sold across continents.
Globalization kept on growing gradually since 1st BC. Another significant development took place in the 7th century AD. This was the time when the religion of Islam spread. Most noteworthy, Arab merchants led to a rapid expansion of international trade. By the 9th century, there was the domination of Muslim traders on international trade. Furthermore, the focus of trade at this time was spices.
True Global trade began in the Age of Discovery in the 15th century. The Eastern and Western continents were connected by European merchants. There was the discovery of America in this period. Consequently, global trade reached America from Europe.
From the 19th century, there was a domination of Great Britain all over the world. There was a rapid spread of international trade. The British developed powerful ships and trains. Consequently, the speed of transportation greatly increased. The rate of production of goods also significantly increased. Communication also got faster which was better for Global trade.
Finally, in 20th and 21st -Century Globalization took its ultimate form. Above all, the development of technology and the internet took place. This was a massive aid for Globalization. Hence, E-commerce plays a huge role in Globalization.
First of all
,
people
have been trading
goods
since civilization began. In the 1st century BC, there was the transportation of
goods
from China to Europe. The
goods
transportation
took
place along the Silk Road. The Silk Road route was
very
long in distance. This was a remarkable development in the history of Globalization. This is
because
, for the
first
time ever,
goods
were sold
across continents.
Globalization
kept
on growing
gradually
since 1st BC. Another significant development
took
place in the 7th century AD. This was the time when the religion of Islam spread. Most noteworthy, Arab merchants led to a rapid expansion of international
trade
. By the 9th century, there was the domination of Muslim traders on international
trade
.
Furthermore
, the focus of
trade
at this time was spices.
True Global
trade
began in the Age of Discovery in the 15th century. The Eastern and Western continents
were connected
by European merchants. There was the discovery of America in this period.
Consequently
, global
trade
reached America from Europe.
From the 19th century, there was a domination of Great Britain all over the world. There was a rapid spread of international
trade
. The British developed powerful ships and trains.
Consequently
, the speed of transportation
greatly
increased. The rate of production of
goods
also
significantly
increased. Communication
also
got
faster which was better for Global trade.
Finally
, in 20th and 21st -Century Globalization
took
its ultimate form.
Above all
, the development of technology and the internet
took
place. This was a massive aid for Globalization.
Hence
, E-commerce plays a huge role in Globalization.