Globalization. Concept of Globalization and Modernization.

Concept of Globalization and Modernization
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Globalization has drastically improved and widely used by many nations to attain economic growth objects. Globalization applies whereby organizations, people, governments, and companies integrate on an international level worldwide. Globalization involves the spread of products, technology, diversity and the creation of greater opportunities between nations. The concept of globalization in the early modern world (1492-1789) and its applicability has seen growth in different areas of life.
Globalization began a long way back and is directly connected to the 1492 events since it was discovered. In 1492, people were already lining up on various purposes on a global level due to the introduction to better communication networks, migration and interconnections. Due to better platforms for people to link on global capacity, there came the idea for globalization. This draws back to the key drivers of globalization which are; advancements in technology, accessibility of different global partners, demand for wider market opportunities and trade associations. When all these factors are present, then globalization becomes easier to venture in and effective to run.
There are various advantages of globalization which has led to its adoption for many states in the world for instance, in 1492, globalization led to inaugurating of European Seaborne empires which came being by Columbus and da Gama travel to the West and East of the Indies. Globalization can influence empires and economies due to the influence of new ideas and concepts from different people coming from different areas thus diversity. Since 1492-1789, there ...