Unit 1 Lesson: History of Silk Roads and Globalization

What is one of the most common products traded along the Silk roads?

Which century saw Europeans building trade connections on their own terms and colonizing different parts of the world?

What was the key impact of the Silk road on global trade?

Apart from silk, what other product was considered a luxury good along the Silk roads?

Which industry saw sponsored expeditions by European countries in search for goods like spices?

What was the primary aim of European expeditions during the 16th century as mentioned in the text?

During the first wave of globalization in the 19th century, what marked the period?

What was a significant advantage of the first wave of globalization?

What was a common disadvantage during the first wave of globalization?

What characterized Globalization 4.0 in the 20th century as considered by many?

What was a prominent feature of Globalization 4.0 according to the text?

Which characteristic did not define the first wave of globalization?

Silk Road Trade

One of the most common products traded along the Silk roads was silk.

European Exploration and Colonization

The 16th century saw Europeans building trade connections on their own terms and colonizing different parts of the world.

Impact of Silk Road on Global Trade

The key impact of the Silk road on global trade was the exchange of goods, cultures, and ideas between East and West.

Luxury Goods on Silk Roads

Apart from silk, other luxury goods traded along the Silk roads included spices.

European Expeditions

The spice industry saw sponsored expeditions by European countries in search of spices.
The primary aim of European expeditions during the 16th century was to find new trade routes and resources.

First Wave of Globalization

The first wave of globalization, which occurred in the 19th century, was marked by industrialization and imperialism.
A significant advantage of the first wave of globalization was the growth of international trade and economic growth.
A common disadvantage during the first wave of globalization was the exploitation of colonized countries and unequal distribution of wealth.

Globalization 4.0

Globalization 4.0 in the 20th century was characterized by rapid technological advancements and changes in global economic systems.
A prominent feature of Globalization 4.0 was the rise of digital technologies and interconnected economies.
The first wave of globalization was not characterized by rapid technological advancements and digital connectivity.

Explore the ancient network of trade routes known as the Silk Roads, connecting the east and west for the exchange of goods and services. Learn about the significance of silk as a luxury product and its role in intercontinental trade between Asia and Europe.