globalization

[ 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

Voters perceived President-elect Donald Trump and Republicans to be more capable of addressing the woes of inflation and globalization, but Democrats have been hawking a similar message.

From Los Angeles Times

Turchin identifies the driving force behind waves of globalization as "secular cycles" of integration and disintegration that individual societies go through, which can become synchronized by shared experiences such as pandemics.

From Salon

Internationally, Washington was the world’s preeminent leader, with an unchallenged military, formidable diplomatic clout, unchecked economic globalization, and its democratic governance still the global norm.

From Salon

Rogoff believes this emphasis is important not only for the Mayan community, but also could help to combat many of the social and environmental problems that globalization has brought worldwide.

From Science Daily

MG: Food has always been at the sharp end of the globalization spear.

From Los Angeles Times