Explain the term ‘globalisation’ and the role that multinational companies play in the development of globalisation. Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services and has therefore lead to increased trade between countries. This trade encourages countries to work together and removes trade barriers such as quotas and tariffs. This increased openess allows countries to specialise in producing goods which they have a comparitve advantage in (this means they can produce goods at lower unit costs) A multinational Company is a corporation that has its facilities and other assets in at least one country other than its home country.
The Islamic world had the rise and role of Dar al-Islam that was a way of unifying cultural and economic forces in Eurasia and Africa. Islam provided social continuity during and after the caliphates. The caliphates were the era of Islam’s ascendency from the death of Mohammed until the thirteenth century. There was a huge trade going on with the spread of military conquest, trade and missionary activity. The Sufis so happened to be the most active missionaries.
McKenzie Langford 26 November 2012 Pd. 3- McCauley Comparing and Contrasting the Byzantine Empire and the Dar Al-Islam The Byzantine Empire and the Muslim World were both significant to Afroeurasia during the middle ages. Each had major effects on the surrounding areas, and continued to influence cultures around the world in the following years. The Byzantine Empire and the Muslim world shared similarities in their economics and cultural achievements; however, their religious views were both similar and different at the same time. In the Byzantine Empire, trade played a very important role in their economic system.
It also had a stable government, which allowed for the people to begin industrializing in the first place, harbors for trade, a very large population resulting in a very large workforce, and many water ways throughout the country to transport materials and products as well as to use for water power at mills. There are several reasons why the Industrial revolution started in the first place. One reason being that there was widespread resistance to disease in Europe as well as a reliable food supply, allowing for steady population growth, which in return created more demand for products, which in turn resulted in new ways of producing products more efficiently in response to demand. As a result of Industrialization, a new economic philosophy arose. Capitalism called for the lack of government intervention in the economy.
Silk Road DBQ The interconnected network of the Silk Road has had a vast role in broadcasting the major aspects of all the past, present, and future civilizations. The Silk Road has left a huge dent in the world’s blueprint in development. It also was a distinguished trading route that allowed friends and people to spread ideas, religions, and inventions for the greater good of mankind. Although the fact that many people believe that the Silk Road was one-dimensional, in that they think that it was an important trading route, it had affected the world in many ways such as, an economic, social, religious, and intellectual aspects. Economically, the Silk Road had a colossal effect on the world’s economy which established how and where most of the major imports and exports go.
As migrations continued, trade increased. This diffused technology, ideas, and goods from civilizations to other parts of the world. The main trade routes used were The Silk Road, The Indian Ocean Trade Route, and the Saharan Trade route. People affected the diffusion of ideas and goods by making products to make their own life easier. Trade routes were the most important way that these goods were
In today’s society many people are affected by the phenomenon of globalization. For many people of different ethnic back ground, race and religion get very comfortable living in a community where we can relate to the people and environment where there are similar values, backgrounds, views and interest occurs, people flock to areas on the basics of cultural affinity for a feeling of security and similarities. For this reason it is unlikely to find location that has been unaffected by globalization; however globalization is the process of interaction and integration among, companies, government of different nations driven by trade. In “I Just Work Here” by Russell Leigh Sharman and Cheryl Harris Sharman the authors explain the effects globalization has on peoples cultural identity when they described the struggles Alam endured when his left his family in his native Bangladesh. Alam a night shift worker in Penn Station came to the US a place where most people think is “heaven” describes the difficultly living away from
The next major change that I noticed was that time used to be relevant to them, and now it is more significant. Their concept of time is important and punctuality increased. Because time is more significant, this is caused from outside influences such as church services, school classes, and other activities. Another change that occurred that goes along with time is the use of markets. Gebusi adapted to the outside influences and were more open to trade and to depend on other people for goods.
The British expanded for numerous reasons. However this resulted in positive and negative effects on the conquered lands. British Imperialism was caused by many reasons. They expanded throughout many lands mainly due to economic reasons. According to Documents 3a and 3b, the British created an empire so they could sell cotton and iron goods.
Europeans have provided us with many of our everyday gadgets and gizmo's in this modern world through trade. The infinite cycle of trading around the world has shaped our modern world and culture today, consisting of life changing technology and ideas. However, the European presence in Africa, Asia, and the Americas was both a blessing and a curse, impacting and trading with people around the world, but destroying many colonies, cultures, people, and places along the way. In Africa, the European presence brought great impact and unforeseen changes to Africans and their cultures (Ellis 452). This era marked the start of the booming African slave trade, which was opposed by many leaders for the horrible treatment Africans were receiving.