Comparison of global connections of the 20th century and those of the previos century (Essay Sample)

Assignment Title: Comparison of global connections Student’s Name Course Title Instructor’s Name Date Compare and contrast the global connections (economic, political, technological and cultural) of the twenty-first century to global connections of the nineteenth and twentieth centuries? A hundred years back, the global economy was entering the twentieth century with the increased stream of products, administrations and capital in humanity's history. The earlier century had seen the development of worldwide yield and exchange, and rising expectations for everyday comforts in Europe and North America at a pace at no other time found in humanity's history (Bhattacharyya et al, 2016). The twentieth century then saw a little more than ten years development and growth; the First World War was the primary reason. Subsequently, a few strides toward congenial circumstance, the universal economy gave way to the Great Depression and kept on getting divided amid the Second World War. The century-long pattern toward globalization had been turned around and, starting 1950, or even 1960, globalization and the level of coordination of the world economy was significantly lower as compared to of what it had been half a century ago. The economic impact of the 19th and 20th century was slow. The working conditions were appalling. The labor class was not considered to be obliged to rights (Pieterse, 2015). The shift from agrarian to industrial economy was swift. Similarly, the nation states were more bent on imposing their imperialism on the colonies. The convenience, the industrial revolution was bringing was much fragmented and the cultures at the same time were not greatly influenced as they seem to be affected now. Since then, of course, there has been an unprecedented revival and intensification of global integration, supported by technical change, and by international economic policies resulting from multilateral cooperation. These phenomena combined to result in significantly reduced barriers to international flows. It also created the further acceleration in the growth rate of world output; the spread of living standards that we associate with advanced industrialization. It achieved the above in to additional parts of the world and the reduction of poverty and improved living standards in most other areas of the globe; and the emergence of a number of new key players in the international economy. From there onward, o, there has been a remarkable recovery and escalation of worldwide incorporation, bolstered by particular change, and by global financial arrangements coming about because of multilateral participation. These changes consolidated to bring about incredibly decreased trade barriers, further enhancing and surpassing in the development rate of world yield, and the spread of expectations for everyday comforts that we take up with cutting edge technology are the few contrasts with the earlier centuries. The political scenario got significantly characterized by an urge to move further towards democratic norms. The states more collaborate on the notion of defending each other from the foreign proxy wars. Likewise, the culture is mostly influenced by the technology via media including th...