globalization

[ gloh-buh-luh-zey-shuh n ]
/ ˌgloʊ bə ləˈzeɪ ʃən /

noun

the act of globalizing, or extending to other or all parts of the world: the globalization of manufacturing.
worldwide integration and development: Globablization has resulted in the loss of some individual cultural identities.
Also especially British, glob·al·i·sa·tion.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for globalization

British Dictionary definitions for globalization

globalization

globalisation

/ (ˌɡləʊbəlaɪˈzeɪʃən) /

noun

the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications
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
the process by which a company, etc, expands to operate internationally
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 globalization

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.

Online Etymology Dictionary, © 2010 Douglas Harper