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

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

The reasons for the dissatisfaction are many, from social media’s ability to magnify problems to the painful recovery from the coronavirus pandemic to the backlash toward economic and cultural changes sparked by globalization.

From Seattle Times

Similarly, Bill Clinton and Tony Blair represented the self-conscious rebranding of their respective center-left parties around an agenda of privatization, deregulation and globalization that we would now call neoliberalism.

From Salon

“With globalization, there’s a changing view among Koreans of what they should and could eat.”

From Salon