Trace The History of Globalization and Point Out The Shifts Within The Process
Trace The History of Globalization and Point Out The Shifts Within The Process
The Indian Ocean, for centuries before, had known a bustling trade, with goods, people,
knowledge, customs, etc., crisscrossing its waters. The entry of Europeans helped redirect
these flows towards Europe. America’s vast lands and abundant crops and minerals began to
transform trade and live everywhere. The Portuguese and Spanish conquest and colonisation
of America were decisively underway by the mid-sixteenth century.Europeans’ most powerful
weapon was not a conventional military weapon, but germs such as those of smallpox that
they carried on their person. It proved to be a deadly killer. Until the nineteenth century,
poverty and hunger were common in Europe. Until well into the eighteenth century, China
and India were among the world’s richest countries. However, from the fifteenth century,
China is said to have restricted overseas contacts and retreated into isolation. Europe now
emerged as the centre of world trade.
Conclusion
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