What if the first globalisation had gone differently?

Steamships, rails and telegraphs fuse regional economies into one world market.

If it had gone differently: The world economy stays a patchwork of regions; no belle-époque boom, and no 1914 shock when it unwinds.

The real history on Wikipedia ↗

Later turning points that leaned on the first globalisation. Change it in the game and the ripples reach all of these.

1. 1914The First World War. Without it, The old European empires are never shattered; the century's borders, grievances and revolutions all run another way.
2. 1956The shipping container. Without it, Ocean freight stays slow, pilfered and expensive; the globalised supply chain of the late century never becomes viable.