What The Dog Saw and the Rise of the Global Market

History is strange. History lasts forever, but events in history begin and end. History sometimes repeats itself, and since it never happens again, it is considered a myth at other times. Fortunately, in the 20th century, most people remembered it and knew what was happening. Examples of current history are "globalization", United Nations intervention in Kuwait, economic reform of China, the rise of technology, and the rise of the world market. However, among all these historical changes, I believe that the rise of the world market is the most important. Because it caused a continuous tug of war.

The fundamental issue of the growing global market ("globalization") is that the global market is inherently inequality and inequality in developing countries becomes more and more difficult to occur. There are at least three reasons. First, the huge economic benefits associated with deeper and more efficient global markets are not shared equally. After all, the market gives them adequate assets - financial capital, human capital, entrepreneurial spirit. Indeed, in the world economy, individual 'right' assets are higher education. Especially since the early 1990s, the return rate to higher education worldwide is rising - salary premium for college graduates is rapidly increasing

So, what is unique about the globalization that affects today's companies? Through the history of recent globalization, the industrial revolution of the world and its related industrial capitalism emerged in the 200 years from 1750 to 1950. This period was a reorganization of the nation state, whose purpose was to represent the interests of the owner of the area. Some of the more noteworthy restructurings are related to the independence of the United States and the French Revolution. It began to develop the national economy and regional specialization. As transportation technology increases and cost decreases, and as military strength increases, countries will begin to develop international economic organizations. Especially economic expansion in India, Asia and Latin America, joint efforts with economic expansion of each country

Asia and Australia resumed growth in 2015, and last year saw an additional 1% increase. Streaming media revenues in the region increased by 45.6%, offsetting a 4% reduction in digital downloads and an 18.7% increase in digital revenue. The physical format was reduced by 8%. The Japanese market is the largest market in the region, the second largest market in the world. For seven consecutive years, Latin America has grown to the fastest growing region with an increase of 12.0%. Digital media revenue increased by 31.2% as streaming media revenue increased by 57.0%. Mexico is the second largest market in the region, growing 23.6%. Also, Brazil's largest market declined by 8% last year.