▁and ▁usually ▁impact s ▁developed ▁countries ▁ ▁Cre ates ▁a ▁more ▁hom ogeneous ▁world ▁ ▁Gener ates ▁inter dependent ▁companies ▁amongst ▁companies ▁ ▁Ph ases ▁ ▁Pre - mod ern ▁phase : ▁early ▁civil izations ▁to ▁ 1 5 0 0 ▁▁▁ ▁Early ▁human ▁migration ▁( fac il itation ▁of ▁trade ▁and ▁creation ▁of ▁social ▁networks ▁amongst ▁other ▁nations ) ▁ ▁Emer gence ▁of ▁world ▁relig ions ▁ ▁Development ▁of ▁trans - reg ional ▁trade ▁networks ▁( long - distance ▁trade , ▁many ▁centered ▁in ▁China ▁and ▁India . ▁Early ▁forms ▁of ▁global ization , ▁especially ▁with ▁the ▁Sil k ▁Road ) ▁ ▁Modern ▁phase ▁▁▁ ▁European ▁imperial ism ▁( r ise ▁of ▁the ▁West . ▁European ▁expansion ism , ▁especially ▁with ▁Columb us ’ ▁encounter ▁with ▁the ▁New ▁World ▁which ▁allowed ▁goods ▁and ▁people ▁to ▁cross ▁the ▁Atlantic ) ▁ ▁Emer ging ▁international ▁economy ▁▁ ▁International ▁migration ▁and ▁develop ments ▁outside ▁of ▁the ▁West ▁ ▁Sp read ▁of ▁modern ity ▁ ▁Medical ▁adv ancement ▁that ▁helped ▁many ▁▁ ▁R ise ▁of ▁the ▁nation - state ▁( a ▁development ▁of ▁freedom ▁of ▁movement ▁and ▁cultural ▁diffusion ) ▁▁ ▁Indust rial ization ▁( dem and ▁for ▁raw ▁materials ▁to ▁supply ▁indust ries . ▁Science ▁grew ▁imm ens ely ▁with ▁electronic ▁sh ipping , ▁rail ways , ▁and ▁new ▁forms ▁of ▁communication , ▁such ▁as ▁cable ▁technology ) ▁ ▁Contempor ary ▁phase : ▁ 1 9 4 5 – present ▁▁▁ ▁Str ug gle ▁after ▁the ▁cold ▁war ▁led ▁to ▁a ▁slow ▁but ▁steady ▁increase