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Globalization - Coggle Diagram
Globalization
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Definition
is the spread of products, technology, information and jobs
across nations
Common theme
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The expansion and the stretching of social relations, activities, and interdependencies.
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History
15th to 16th century: discovery of America + opening new trade routes to Africa & Asia -> closer world
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19th: National states cut back trade restrictions and put economy on gold standard => basis for international monetary & financial politics
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