History of Globalization: Silk Roads
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Questions and Answers

Silk roads were ancient network of trade routes that connected the north and the south.

False

Silk was a common product for trading on the Silk roads due to its availability in abundance.

False

Spices played a significant role in the intercontinental trade between Asia and Europe on the Silk roads.

True

The 16th century marked a time when Europeans built trade connections on their own terms and engaged in colonization of various regions.

<p>True</p> Signup and view all the answers

Silk roads mainly facilitated trade within individual countries rather than promoting trans-border relations among different nations.

<p>False</p> Signup and view all the answers

During the 16th century, sponsored expeditions by European countries were primarily focused on finding new technological advancements.

<p>False</p> Signup and view all the answers

During the first wave of globalization in the 19th century, people shifted from industry and commerce to farming and agriculture.

<p>False</p> Signup and view all the answers

Advantages of the first wave of globalization included the invention of machines to spin and weave cloth.

<p>True</p> Signup and view all the answers

One of the disadvantages of the first wave of globalization was the improvement in worker's housing conditions.

<p>False</p> Signup and view all the answers

Globalization 4.0 in the 20th century is considered the golden age of globalization.

<p>True</p> Signup and view all the answers

In the first wave of globalization, coal was widely used as a source of power.

<p>True</p> Signup and view all the answers

The First Industrial Revolution occurred during the third wave of globalization in the 20th century.

<p>False</p> Signup and view all the answers

Study Notes

History of Globalization

  • The Silk Roads are ancient networks of trade routes that connect the East and West, facilitating the exchange of goods and services.
  • Silk, a luxury good obtained from silkworms, was a common product traded on the Silk Roads, along with spices.

16th Century

  • Europeans established global trade links on their own terms, spreading their culture to different regions and defining interactions between people.
  • Colonization took place in various parts of the world, with European countries sponsoring expeditions to search for spices.

First Wave of Globalization (19th Century)

  • This period marked intense globalization, with millions of people migrating, trade expanding, and new norms and organizations governing international conduct.
  • The First Industrial Revolution took place during this time, with cities growing as people shifted from farming to industry and commerce.
  • Advantages of this period include:
    • Invention of machines to spin and weave cloth.
    • Widespread use of steam engines as a source of power.
    • Use of coal in smelting and refining iron.
    • Construction of railways.
  • Disadvantages of this period include:
    • Technical change leading to job loss.
    • Pollution in cities.
    • Limited education provision.
    • Poor worker housing conditions.

Globalization 4.0 (20th Century)

  • This period is considered the golden age of globalization, with the free movement of people, goods, and services across national borders.
  • The new dimension of globalization is the cyber world, marking a significant shift in global interactions.

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Explore the ancient network of trade routes known as the Silk Roads that connected the east and the west. Learn about the goods and services exchanged, with silk being a prominent luxury item. Discover the significance of silk in intercontinental trade between Asia and Europe.

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