Globalization has had numerous effects-both positive and negative-on business and society at large. The development of the internet and easier means of communication and collaboration propelled us from those early days of globalization to where we are today: A few taps or clicks away from a co-worker, business partner, customer, or friend. This was for a simple reason: It allowed us to travel greater distances faster than ever before. These distances increased further with the development of seafaring capabilities.Īlthough humans have been using ships for centuries to transport goods, cargo, people, and ideas around the world, it wasn’t until the development of the airplane that the blueprint of a “globalized economy” was laid. As humans domesticated the horse and other beasts of burden, the distances they could travel to trade increased. ![]() In its earliest days, trade happened between neighboring tribes and city-states. ![]() Throughout history, commerce and business have been limited by certain geographic constraints.
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