Compare and contrast the current era of globalisation with the first age of globalisation (1850s-1920s). What are the advantages and disadvantages of globalisation in its current context?
Please cover the following points in the assignment :
1-the start and the end of the firs era of globalisation
2- the second era of globalisation
3-How the first and second world war affected the first and second globalisation eras
4- the influence of technology (for example steamships and engineering telegraph)
5- colonialism (example Indonesia )
6-Tariff and how it decreases importing and exporting between countries
7- the roll of GATT agreement The Bretton Woods system , Banks and WTO
Finally Current globalisation advantages and disadvantages
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