Globalization

Globalization

1. Is distinguished by a great mobility of capital and hand construction, the boom in commercial exchange due to the reduction of transportation costs, a more and more free trade, after the period of retraction of the First War world

   • the globalization may be a good strategy for the accumulation of wealth, but such riches first and foremost for a few and does not integrate any policy planned for the integral development of a community or a population.

2. This starts with: The Industrial Revolution in 1771, begins the first phase of globalization, when the steam engine is invented and a construction of channels

   • he second sub-phase comprises since 1973, in which it deprives an development of international cooperation, technical, financial and notable expansion of trade in manufactured goods between developed countries
   • A third phase was consolidated whose characteristic features are the gradual generalization of free trade, hyper-segmented markets, the presence of transnational companies that combine international systems of integrated production despite long distances, expansion and considerable mobility of capital