2.2   History of Globalization

. History of Globalization The term of ‘Globalization’ was introduced by Prof. Theodore Levitt. The historical background of globalization can be discussed on three stages. Stage - Proto Globalization History of Globalization Stage - Modern Globalization Stage - Archaic Globalization Archaic Globalization Andre Gunder Frank argued that a form of globalization has been in existence since the rise of trade links between Sumer and Indus valley civilization in the third millennium BC (BCE). An early form of globalized economics and culture, known as Archaic globalization existed during the Hellenistic Age. An early form of globalization in the trade link between the Roman Empire, Parthian Empire and the Han Dynasty made the commercial links among these powers inspired the development of the Silk Road. The Islamic Age was also an important early stage of globalization. The advent of the Mongol Empire, though destabilizing to the commercial