From free trade to globalization uncovering the mist of 21st century

One topic of interest for the social sciences and similar fields, such as business administration, economics and political science is globalization. Many researchers suggest that this is a new topic. Our research; however, looked into the assumptions of political and economic history concerning the particularities of this event and attempted to establish the existence of common events taking place in the 19th century that gave rise to the formation of a world trade system. This exercise aimed at seeking explanations that would help us better understand the emerging phenomenon of globalization. It was found that Great Britain, as a nation extended across the globe, experienced an enormous and unprecedented maritime and territorial expansion. We consider that this was a significant and most certainly very complex globalizing experiment.