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Incidences of Modern Globalization: The Historic & Current Review

Though the process of globalization by & large considered as started in early 1990, but in actuality numerous incidences or event occurred in the history made us to believe that globalization is the age old phenomenon. There are traces before two thousand years ago about migration & movement of people from one continent to other and also the cultural & trading exchanges between the societies across the different part of the world. But these exchanges between the human civilizations in terms of culture, trade, migration & movement was limited for several century, due to the insufficient knowledge of external world and insufficient technology. With the passes of time, mankind took hold of external world with better knowledge & improved technology and developed extensive and profound integration of the economies and societies worldwide. Thus exchanges between the people across the world began to happen on Mass Level started in early 1500 AD led the foundation stone of Modern Globalisation. This study delineate different phases of globalisation and the incidences that evolutionied these phases, which began from 1500 A.D. till the date today, what we popularly called Modern Era of Globalization.

Key Words: Globalization, Culture, Trade, Migration & Movement, Civilization