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

“At a time when America’s film and television industry is still struggling due to globalization and industry contraction, further unnecessary job losses only make a bad situation worse,” the statement read.

From Los Angeles Times

Perhaps the most compelling Premier League storyline is the fast-accelerating American takeover of soccer/football and what it tells us about the globalization of American culture.

From Los Angeles Times

The administration has touted the trade measures as a way to bring manufacturing jobs back to the United States, arguing that decades of globalization hollowed out middle-class communities.

From Salon

On the globalization front, the league is planning exhibitions in Australia and Asia, which Ice Cube hopes will come to fruition soon.

From Los Angeles Times

They have each advanced a neoliberal gangster capitalist regime that has seen the financialization of almost every aspect of American life; a decline in intergenerational mobility and real wages; and a regime of globalization.

From Salon