The phase of globalisation that marked the development of global trade under the leadership of the United States, further supported by new technologies during the Second Industrial Revolution, is the Second and Third wave of globalisation.

Here's a step-by-step explanation:

1. The First wave of globalisation (19th century to World War I): This phase was marked by the expansion of trade and investment, driven by the colonial powers, especially Britain. The United States was not yet a dominant player in global trade.

2. Second and Third wave of globalisation (Post World War II to present): After World War II, the United States emerged as a global economic leader. The development of new technologies during the Second Industrial Revolution (late 19th to early 20th century) further supported the expansion of global trade. This period also saw the establishment of international institutions like the World Bank and the International Monetary Fund, which were largely led by the United States.

3. Globalisation 4.0 (21st century onwards): This phase is characterised by the digital revolution and the internet, which have further accelerated globalisation. While the United States continues to be a major player, other countries, especially in Asia, have also become important centres of global trade.

Question

The phase of globalisation that marked the development of global trade under the leadership of the United States, further supported by new technologies during the Second Industrial Revolution, is the Second and Third wave of globalisation.

Here's a step-by-step explanation:

1. The First wave of globalisation (19th century to World War I): This phase was marked by the expansion of trade and investment, driven by the colonial powers, especially Britain. The United States was not yet a dominant player in global trade.

2. Second and Third wave of globalisation (Post World War II to present): After World War II, the United States emerged as a global economic leader. The development of new technologies during the Second Industrial Revolution (late 19th to early 20th century) further supported the expansion of global trade. This period also saw the establishment of international institutions like the World Bank and the International Monetary Fund, which were largely led by the United States.

3. Globalisation 4.0 (21st century onwards): This phase is characterised by the digital revolution and the internet, which have further accelerated globalisation. While the United States continues to be a major player, other countries, especially in Asia, have also become important centres of global trade.

Knowee AI · Accepted Answer

The phase of globalisation that marked the development of global trade under the leadership of the United States, further supported by new technologies during the Second Industrial Revolution, is the Second and Third wave of globalisation.

Here's a step-by-step explanation:

1. The First wave of globalisation (19th century to World War I): This phase was marked by the expansion of trade and investment, driven by the colonial powers, especially Britain. The United States was not yet a dominant player in global trade.

2. Second and Third wave of globalisation (Post World War II to present): After World War II, the United States emerged as a global economic leader. The development of new technologies during the Second Industrial Revolution (late 19th to early 20th century) further supported the expansion of global trade. This period also saw the establishment of international institutions like the World Bank and the International Monetary Fund, which were largely led by the United States.

3. Globalisation 4.0 (21st century onwards): This phase is characterised by the digital revolution and the internet, which have further accelerated globalisation. While the United States continues to be a major player, other countries, especially in Asia, have also become important centres of global trade.

Which of the following phases of globalisation marked the development of global trade under the leadership of the United States, further supported by new technologies during the Second Industrial Revolution?First wave of globalisationGlobalisation 4.0Second and Third wave of globalisation

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