Lesson 12-Confessions of a miseducated man II.①o0Kmo When did globalization start? (Hint: There were three waves) The most recent wave of globalization, which started in 1980, was spurred by a combination of advances in transport and communications technologies and by large developing countries who sought foreign investment by opening up to international trade The first wave lasted from 1870 to the start of world War I Following World War II, a second wave of globalization emerged, lasting from about 1950 to 1980 W BTL E To be continued on the next page. (BACK NEXTLesson 12—Confessions of a Miseducated Man W B T L E When did globalization start? (Hint: There were three waves.) To be continued on the next page. The most recent wave of globalization, which started in 1980, was spurred by a combination of advances in transport and communications technologies and by large developing countries who sought foreign investment by opening up to international trade. The first wave lasted from 1870 to the start of World War I. Following World War II, a second wave of globalization emerged, lasting from about 1950 to 1980