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globalization

[gloh-buh-luh-zey-shuh n]
noun
  1. the act of globalizing, or extending to other or all parts of the world: the globalization of manufacturing.
  2. worldwide integration and development: Globablization has resulted in the loss of some individual cultural identities.
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Also especially British, glob·al·i·sa·tion.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for globalisation

Historical Examples of globalisation

  • Policymakers explain developments by causes such as globalisation, technology and welfare state sclerosis.

    Definition & Reality in the General Theory of Political Economy

    Thomas Colignatus

  • Prosperity, international trade, foreign investment, globalisation and joint ventures are the new magic formulas.

    After the Rain

    Sam Vaknin


British Dictionary definitions for globalisation

globalization

globalisation

noun
  1. the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications
  2. the emergence since the 1980s of a single world market dominated by multinational companies, leading to a diminishing capacity for national governments to control their economies
  3. the process by which a company, etc, expands to operate internationally
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Word Origin and History for globalisation

n.

chiefly British English spelling of globalization; for spelling, see -ize.

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globalization

n.

1961, from globalize, which is attested at least from 1953 in various senses; the main modern one, with reference to global economic systems, emerged 1959.

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Online Etymology Dictionary, © 2010 Douglas Harper