Globalization

Globalization is the process of wider interaction and integration of people across the globe

globalization is distinguished from "globalism"
- whereas globalization is the process of interactions
- globalism is an ideology (set of beliefs) regarding worldwide integration
- globalism seeks global unity or commonality in law, markets, governance, etc.
Globalization occurs in place, degree and kind
- place = regional or inter-continental interaction and integration
- degree = extent of interaction and integration
- kind = economic, cultural, military

Archaic period globalization[edit | edit source]

"archaic" = old, or older, no longer in operation
technically, the archaic period is all processes of globalization up until the Age of Discovery

from the Latin factorium for "place of doers/ makers"
in trade, "factories" are trade locales
- usually small islands, forts, or zones near ports
- especially as created by the Portuguese "feitoria"

European factories were used for
- resupply of ships
- military presence
- trade entrance to a larger region
"factor" = a commercial agent who sells goods on behalf of another
- = middle man
- the factor takes possession of goods and issues invoices to sellers
- the factor does not work on behalf of the original seller of goods
  - which would be a commissioned agent
  - who sells goods and collects payments on behalf of someone else

factories are distinguished from colonies
- ex. ancient Phoenician colonies were established along trade routes, especially across the Mediterranean Sea
- while serving for resupply, military presence, and trade
- these were actual settlements and were governed by the home country
  - some developed into independent countries, such as Carthage (a North African Phoenician colony)
early European factory systems
- Hanseatic League
the Republic of Venice established resupply and trade