Emperor Wu-ti launched attacks against groups that pose threats against the empire. He deemed this the right decision to solve the problem right away. He was determined to win and sent troops after troops into the battlefield. Because of this, he was able to expand China's control. On another hand, he also exhausted their resources due to allocating most of the empire's income to the military forces. He needed to look for another way to expand their income. He did this by passing a decree that the state can monopolize the salt, wine, and iron.
Answer: Industrialization a shift in an economy from one sector (agriculture) to another ( industry) e.g Manufacturing
Globalization this is an interaction of an economy with other economies globally.
Explanation:
Industrialization is a shift in a countries economy which was primarily based on agriculture e.g farming, livestock e.t.c. to Industry which involves manufacturing, production of goods and services. Examples of industrialized nations are Germany, USA, Italy.
Globalization on the other hand is an interaction of world economies.Globalization often leads to an increase in market competition. This competition are usually related to product and service costing and pricing, target market, adaptation of the technology by companies etc. A company producing with less cost can sell cheaper which in turns increase it markets share globally.
e.g Japan (Toyota) market competition with Germany (Mercedes).
Answer:
One, "discovery", conquest and colonization of the New World. The American continent was brought to the geographic realm of the known world by the European exploration.
Two, increased global trade, as a first phase of globalization.
Three, cultural and civilizational exchange that has left a permanent legacy in everyday life. For example, the cultivation and consumption of potato and tobacco, plants originated in the Americas, by Europeans; also, the consumption of sugar, rice and coffee that originated in Asia and brought by Europeans, in the Americas.
Explanation:
