globalization

especially British, glob·al·i·sa·tion

[gloh-buh-luh-zey-shuhn]

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.

globalization

/ ˌɡləʊbəlaɪˈzeɪʃən /

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

Word History and Origins

Origin of globalization¹

First recorded in 1925–30; global ( def. ) + -ization ( def. )

Example Sentences

The third was globalist antipathy, or a recognition that globalization has failed.

Read more on Salon

Deregulation, globalization and personal computers transformed the concept of office work.

Read more on The Wall Street Journal

“Although you can find pears year-round in the grocery store thanks to globalization, pears are in season in the fall. A visit to your farmers’ market may introduce you to some new varieties.

Read more on Salon

In addition, reductions in labor unionization, increased globalization, deregulation, lower corporate taxation and technological advances, have all helped the corporate sector to capture an ever-greater share of economic growth.

Read more on MarketWatch

A poorly designed globalization strategy hollowed out the middle class, gutted the defense industrial base, and fueled China’s rise.

Read more on The Wall Street Journal