Throughout recorded human history there have been small shifts in how humans have interacted with each other. The ancient empires of the Far East, Near East, and Europe emerged from the city and city-states, tribe and communities began to trade with each other, written language allowed for the transference of knowledge between cultures and across the span of time. Of these monumental shifts there have been few. The most recent of these event thresholds is Globalization. Globalization is here, for our benefit or loss, and has begun to affect every part of our society: from the goods we consume, to the money we use, to the music we listen to, to the people we are friends with. Subsequently, one of the most prevalent questions in most social science literature is: How long has Globalization been around? By examining literature on multiple sides of the globalization discourse, specifically new evidence from social scientists examining greater arrays of early traded commodities, this paper will further the argument that economic globalization began in the early 16thcentury with the birth and expansion of inter-continental trade between the New World, Asia, and Europe. At the same time, this paper will refute the opposing arguments against this theory and the opposing theory that Globalization has only really began in the early 20thcentury.
globalization, commodity price convergence, early globalization, early modern trade, global trade disruption
Leffler, P. E. (2016). Furthering the debate on globalization’s origins: New evidence. International Interdisciplinary Business-Economics Advancement Journal, 1(1), 11-18. https://www.doi.org/10.5038/2640-6422.214.171.1241
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