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The Second Phase of Globalization
The Second Phase of Globalization
The second phase was between the middle of the 19th century and the collapse of
second phase globalization that resulted from the outbreak of war in August of 1914.
During the second half of the 19th century, the Western world experienced a dramatic
intensification of international connectivity due to four advancing technologies–trains,
steamships, the telegraph, and the postal system.
The Swiss businessman and social activist Henri Dunant founded the Red Cross in
1863.
The French nobleman Pierre de Coubertin, an admirer of the British sport system,
founded the International Olympic Committee in 1894 with the goal of establishing
better international relations among the competing nations.
The Swedish industrialist Alfred Nobel began awarding the Nobel Prizes in1901 to
scientists from any country.