Chapter 23

Chapter 23:  When people first speak about globalization they are referring to the immense acceleration in international economic transactions that took place in the second half of the twentieth century and continued into the twenty-first. Technology was a major reason why the acceleration  of the economic globalization happened at tremendous speeds. As well as containerized shipping, huge oil tankers, and air express services which drastically lowered the prices it once had on high tariffs in the past. The internet was vital in building a network where the communication structure was solid and frequent and extremely beneficial for both parties to discuss a global economic interaction. This led to dozens of new countries getting involved in the mix that once before were never apart of which is beneficial for even their own countries to grow and benefit from the nutrients. This led to capitalism and it was on the rise "Capitalism was global and the globe was capitalist". That is what changed the tide around and tied everything back together. The world was evolving. And what is yet to come is the best part we are on track to embark on something big and better than before and it's winding up.

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