10 Interesting Fact About The history and impact of globalization
10 Interesting Fact About The history and impact of globalization
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Globalization began since ancient times, namely during the trade route between China and Europe.
Modern globalization began in the 15th century with European exploration and colonization to various parts of the world.
Globalization allows more free trade between countries, so that goods can be sold at lower prices.
Globalization also brings cultural influences from one country to another, such as food, music, and film.
Globalization also has a negative impact, such as exploitation of natural resources and loss of cultural diversity.
Globalization allows companies to operate in various countries and expand their business opportunities.
Globalization has also influenced global politics, such as the formation of international organizations such as the United Nations and World Trade Organizations.
Globalization allows people to work and live in another country, resulting in large human migration from one country to another.
Globalization also brings rapid technological developments, such as the internet and cellular phones, which enable more efficient communication and trade.
Globalization continues and develops until now, and is expected to continue to affect various aspects of life throughout the world.