Globalization in the 21st and the 20th Century
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Globalization in the 21st and the 20th century
The concept of globalization refers to the process through which companies and organizations grow and diversify their operations to the international market. For this reason, it increases the interaction among the different cultures that exist across the globe (Mina, “How Does 21St Century Globalization Differ From 20Th Century Globalization?”). Following the evolution of globalization between the 20th and the 21st century, some arguments have risen concerning their relationships. The 20th century relates to the period from 1901 to 2000 while the 21st century refers to the period between 2001 through 2100. Therefore, the paper aims at discussing the critical aspect that differentiates the 20th and the 21st century’s globalization.
Ideally, the globalization in the 21st century is characterized by the rapid growth in the technological innovation. As a result, there is automation of operations, wireless connections, internet, smartphones, and computers. It does not mean that the 20th century lacked the technological development aspect but instead formed the framework upon which the globalization in the 21st century continued to grow (Mina, “How Does 21St Century Globalization Differ From 20Th Century Globalization?”). The rapid growth in globalization was as a result of the World War I and II due to the interconnection and interaction of cultural societies wit…
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