The 1876 World Fair in Philadelphia was the first not to take place in Europe. First globalization also includes technological transfers and the rise of international cultural and scientific cooperation. However, it is not only about the movement of goods or factors of production. First globalization is known for increasing transfers of commodities, people, capital and labour between and within continents. The period from 1870 to 1914 represents the peak of 19th-century globalization. This led to the third era of globalization, which began in 1989 and continues today. The "second globalization" began in 1944 and ended in 1971. " First globalization" is a phrase used by economists to describe the world's first major period of globalization of trade and finance, which took place between 18. As the main means of transo oceanic travel for more than a century, ocean liners were essential to the transport needs of national governments, commercial enterprises and the general public. The ocean liner SS Kaiser Wilhelm der Grosse, a steamboat. World's first major period of globalization of trade and finance A German railway in 1895.
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