English · Culture & Society
globalization
/ˌɡloʊ.bəl.aɪˈzeɪ.ʃən/
[/ˌɡloʊ.bəl.aɪˈzeɪ.ʃən/]
worldwide integration
Advancednoun
Definition
The process by which economies, cultures, and populations become integrated worldwide.
Example
Globalization opened new markets but also exposed local producers to fierce competition.
Globalization opened new markets but also exposed local producers to fierce competition.
Etymology
From 'global' plus '-ization'; the term became prominent in the 1980s and 1990s.
How & Where It’s Used
Used in economics, politics, and sociology.