The advances in transportation and telecommunications infrastructure are the basic elements that improved the development of globalization. Nowadays, the Internet has become the most useful tool to make the world look like a global village. This behavior helped the company, individual and state have the ability to build industry in some countries that have the abundant resources. That is beneficial for them to improve the host and parents countries’ economy. (What is contemporary globalization, …show more content…
In the research, the person found that the 19th century colonialism and contemporary globalization had some similarities in some places. First and foremost, the 19th century colonialism and contemporary globalization’s main goal is finding the market in different countries. In the 19th century, the capitalistic states encouraged the citizen to become as the pioneer to explore the new land and use this way to stouten their own colony which gets much more profit and resources. In the modern era, a large number of companies built the branch office in some place which had rich resources, which helped the company get more profit from these resources. What’s more, both 19th century colonialism and contemporary globalization can promote the development of the economy, because they all sell the product to different places and use the price difference to make the profit, some of them can do the monopolization, which made them have lots of money to get. Also, in the 19th century, the countries in Europe wanted to transfer the population stress in their own country, so they asked the citizens explored to the new land to find work and helped the states to occupy more colonies which can help the country to improve their national influence. Nowadays, the nations asked their company to start the oversea market which helps the state to improve their