Global Economic and Political Transformations: From Industry to Cold War
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Defining Globalization and Historical Shifts
Globalization, as defined by Benko, is the global acceleration of the circulation of trade flows, technology, cultures, and information.
The Industrial Revolution: Cyclical Transformation
The Industrial Revolution was a profound transformation that cyclically affected the evolution of societies, causing significant changes in social, occupational, cultural, and production structures.
Three Key Revolutionary Changes
- Progress in Mining Activities: Development of new energy sources, such as coal.
- Increased Production Capacity: Expansion of production capabilities and the emergence of new manufacturing activities, particularly the fabrication of fabrics.
- Shift in Labor: Industrial jobs did not require prior