HIST-251 Lecture Notes - Lecture 2: Peter Drucker, Wide-Body Aircraft, Containerization
25 Mar 2016
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Document Summary
T he media and almost every book on globalization and international business speak about different drivers of globalization and they can basically be separated into the following different groups: technological drivers:- Technology shaped and set the foundation for modern globalization. Innovations in the transportation technology revolutionized the industry. The most important developments among these are the commercial jet aircraft and the concept of containerization in the late 1970s and 1980s. Without the rapid growth of air cargo services made possible by the introduction of wide-bodied jets, it would not have been possible for israel to become a leading exporter of cut flowers to the. United states or for australia to become a leading supplier of fresh tuna to tokyo"s sushi markets. Inventions in the area of microprocessors and telecommunications enabled highly effective computing and communication at a low-cost level. The rapid growth of the internet is the latest technological driver that created global e- business and e commerce.
