Globalization In The 1940s Essay

In the previous chapter, we looked at the time period around the late 1940s, roughly after the ending of the World War period as a point of entry to understand the economic phenomenon of globalisation. Globalisation actually found a strong and widespread presence only by the late 1980s. The backdrop intended to give a holistic image – from its inception till the full-fledged contemporary manifestation, stating the step by step happenings. While studying the same one has to understand that economic or political transitions usually exhibit outcomes in a relatively sudden or immediate manner, over those of socio-cultural changes. Though not as a rigid fact, but this is a generally observed phenomenon. For example, implementation of taxes, liberalisation

These contribute largely while building a methodological structure, while analysing the impact of globalisation at the socio-cultural level. Further they play a dominant role in identifying parameters and issues which as key elements portray a holistic image of the given time. Thereby, just as the way we looked at the 1940s as the starting point to study economic globalisation, we shall take a look at the then existing social and cultural phenomenon, through a broader temporal understanding, to trace the changes over the later decades. To mention again, unlike the tracing of the economic phenomenon as a step by step mentioning of the historic happenings, pinpointed in an episodic manner, the socio-cultural changes are dealt with through a broader and more generalised happenings, as these capture the core and the essence of the then lived experience, given which a one by one exemplification doesn’t seem as relevant and necessary. Further the sheer volume and large variety can lead to confusion. Therefore, we shall focus on the prominent transitions that are relevant to the