Wednesday, February 25, 2009
MORE Globalization!
Globalization was further hastened during the 19th century from a sudden explosion of state-sponsored education all across Europe, which led to a much higher literacy rate than before. According to our text book, 85% of Europe was literate by 1900, compared to 50% in 1850; with this higher number, came massive profits for media and advertising, which were obviously less useful industries before. The mass of new readers meant a higher demand for newspapers, and to supply this demand mass media included ads in their papers, which allowed the papers to be produced more cheaply. With newspapers available and affordable to the general public, spreading ideas across all of Europe became easy. The entire educated world was now connected through media, which led further to the globalization of the economy.
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