Evolution of Globalization

Fall of the Berlin Wall

Nov 9, 1989

Berlin wall fell connecting east and west Germany

Walmart became the world's largest retailer

Jan 1, 1990

Walmart became the world's largest retailer, making one of the first massive superstores

India ends economic Isolationism

Jul 24, 1991

cities like Chennai, Bangalore, Hyderabad, NOIDA, Gurgaon, Gaziabad, Pune, Jaipur, Indore and Ahmedabad have risen in prominence and economic importance, become centres of rising industries and destination for foreign investment and firms.

First website created

Aug 6, 1991

36-year-old physicist Tim Berners-Lee published the first-ever website for CERN

Dissolution of the Soviet Union

Dec 26, 1991

Soviet Union and many communist states fall

First SMS text sent

Dec 3, 1992

sent over the Vodafone GSM network in the United Kingdom on 3 December 1992, from Neil Papworth of Sema Group

Netscape goes public

Apr 4, 1994

One of first companies to capitalize on the world wide web

Y2K

Jan 1, 2000

Belief that the world would end in the year 2000

9/11

Nov 9, 2001

Terrorists attack the world trade center and the penatgon

China joins the WTO

Dec 11, 2001

China joins the WTO benifiting the world economy

Operation Iraqi Freedom

Mar 20, 2003

Americans begin war on terror by innvading Iraq

Facebook created

Feb 4, 2004

Facebook became the most widely used social media outlet

Youtube created

Feb 14, 2005

Now we have an easy way to view funny videos of cats

Twitter created

Jul 15, 2006

We were swarmed with twits tweating

The arab Spring

Dec 10, 2010

A series of wars and other conflicts in the middle east

Completion of an around the world Fibre Optic Cable

Mar 22, 2012

Global fibre optic network seamlessly linking markets across Asia, Middle East, the U.S. and Europe to meet rising demand for 24/7commerce