Today we went over the maps of the Middle East and also Asia Subcontinent. We'll learn a few more tomorrow. We continued watching our video, and also answered more questions:
1. Describe what the “flat world” means before watching the lecture?
Having more advanced technology and being able to communicate with people all over the world and compete with them.
2. Briefly describe Globalization 1.0.
It lasted from 1492 until the early 1800s. It shrunk the size of the world from a size large to medium. People globalized through their countries. Countries that did that would be Portugal, Spain, France…
*Globalization – the world is shrinking.
3. Briefly describe Globalization 2.0.
It lasted from early 1800s to 2000. It shrunk the world from a size medium to a small. Caused because of companies globalizing. You went global through your company.
*Multinationals – companies that are all over the world.
4. Briefly describe Globalization 3.0.
What we’ve entered now. Shrinking the world from a size small to tiny and flattening the global economic scale at the same time. It is built around the individuals and small groups globalizing. It is the new and unique thing about this era. It will be built around individuals and small groups of every color of the rainbow.
5. What was the Berlin Wall a flattener of the world?
It allowed us to see and think of the world as a single flat plain. It came down on 11/9/89. The coming-down of the Berlin Wall was a sign of the end of the Cold War. Suddenly, the world became one again.
6. What was the importance of Netscape going public on 8-9-95?
It was the Netscape browser that gave us the first commercial browser that brought the internet alive as a device people could use to connect with one another. It contributed to a set of commission protocols that help make sure it wouldn’t be the profit of just one company. It also triggered the “.com” boom.
7. What is outsourcing/offshoring and why are many Americans opposed to it?
Outsourcing is where they use people somewhere else for a company here. Offshoring is where a company would shut down and build a new company in China/India/ect. because it’s cheaper.
8. Give two examples of “open-sourcing”.
Open-sourcing is where a lot of people can keep adding to it.
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