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    The timeline outlines key milestones in the history of economic globalization: 1) In 1571, the Manila galleon trade was established after Spain gained control of the Malay trading center of Manila, sending ships laden with Chinese silks and porcelains to Mexico to trade for provisions. 2) Globalization began increasing in the late 19th century with the first wave of globalization, marked by growing international trade and interconnectedness between economies over the century ending in 1914. 3) Economic globalization has continued increasing trade and integration between countries and their economic, political, and cultural systems over time.

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    The timeline outlines key milestones in the history of economic globalization: 1) In 1571, the Manila galleon trade was established after Spain gained control of the Malay trading center of Manila, sending ships laden with Chinese silks and porcelains to Mexico to trade for provisions. 2) Globalization began increasing in the late 19th century with the first wave of globalization, marked by growing international trade and interconnectedness between economies over the century ending in 1914. 3) Economic globalization has continued increasing trade and integration between countries and their economic, political, and cultural systems over time.

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    12 views1 page

    W 2 Exp

    Uploaded by

    Bryan Decena Claro
    The timeline outlines key milestones in the history of economic globalization: 1) In 1571, the Manila galleon trade was established after Spain gained control of the Malay trading center of Manila, sending ships laden with Chinese silks and porcelains to Mexico to trade for provisions. 2) Globalization began increasing in the late 19th century with the first wave of globalization, marked by growing international trade and interconnectedness between economies over the century ending in 1914. 3) Economic globalization has continued increasing trade and integration between countries and their economic, political, and cultural systems over time.

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    of 1

    ACTIVITY 1

    TIMELINE ON ECONOMIC GLOBALIZATION


    Instruction: Write the different milestones on Economic Globalization. You may add more boxes if needed.

    Globalization refers to In 1571, after That is not to This started to


    1Gall change with the
    the
    gaining control say globalization
    interconnectedness of had started in first wave of
    Galleon Trade was economies, cultures, of the
    earnest. Silk was globalization,
    established in 1571 politics, environmental Malay trading ce which roughly
    mostly a luxury
    policies,
    nter of Manila good, and so occurred over the
    and military for Spain, Miguel were the spices century ending in
    capabilities.
    López De that were added 1914.
    Legazpi sent two to the
    ships back to intercontinental
    trade between
    Mexico laden
    Asia and
    with Chinese
    Europe.
    silks and
    porcelains, to be
    exchanged for
    needed
    provisions. In
    this way the
    Manila galleon
    trade was
    established.

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