History of Globalization

Industrial Revolution

Period: Dec 24, 1820 to Dec 25, 1840

The Industrial Revolution had a domestic market but today we have a foreign market because the manufacturing in foriegn countries is cheaper if we were to manufacture our products in the U.S.(Green).

Dec 24, 1830

Over the years since the Industrial Revolution, the prices were raised in the U.S.. The companies in the United States decided it was cheaper in foreign countries for example, China India and Taiwan.

Green Rovultion

Period: Dec 24, 1959 to Dec 25, 2016

The Green Revolution helped increased the production of crops due to pesticides, fertilizer and new machinery (Green).

Dec 24, 1978

Before the 1960's there were very few crops that made it through to the harvest because of insects eating away the crops, drought, and poor soil. Since the 1960's, some of the new machinery are helpful during drought seasons, tillers that break up the soil to allow nutrients to penetrate through.