Recent changes – comprised the fifth view. These broad changes happened in the last half of the twentieth century. Scholars today point to these three notable changes as the origin of globalization that we know today. 1. The emergence of the United States as the global power (post-World War II) 2. The emergence of multinational corporation (MNC) 3. The demise of the soviet Union and the end of the Cold War The United States, Germany, and Great Britain had in their homeland great corporation which the world knows today. However, they did not remain there as far as their production and market are concerned. For example: • Ford and General Motors originated in the United States but in the 20th century, they exported more automobiles and opened factories to other countries
A state that globalization relates to the urges for a better life, through • commerce • religion • politics • welfare ☆ so therefore, human settlement all over the world made globalization possible.
Ritzer (2015) citedTherborn’s (200) six great epochs of globalization. These are also called “waves” and each has its own origin. The following are the sequential occurrence of the epochs: 1. Globalization of religions (fourth to seventh century) 2. European colonial conquest (late fifteenth century) 3. Intra-European Wars (late eighteenth to early nineteenth centuries) 4. Heyday of European Imperialism (mid-nineteenth century to 1918) 5. Post – World War II period 6. Post – Cold War period
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