globalization
Definition
Noun: 1. The process of increasing interconnection and interdependence among countries, especially in economic and cultural spheres: This refers to the phenomenon of businesses, ideas, and cultural products operating on an international scale, leading to a more integrated world. 2. Growth to a global or worldwide scale: The expansion of activities, systems, or phenomena beyond national borders to encompass the entire world.
Usage Examples
- The globalization of trade has made products from all over the world available in local stores.
- Critics argue that economic globalization can sometimes lead to job losses in certain industries.
- The rapid globalization of social media platforms has changed how people communicate across continents.
- A key feature of modern globalization is the free flow of capital across international markets.
Advanced Usage
- Economic Globalization: Specifically refers to the integration of national economies through trade, investment, capital flow, and the spread of technology.
- Economic globalization has been driven by international trade agreements.
- Cultural Globalization: The transmission of ideas, meanings, and values around the world, often leading to a degree of cultural homogenization.
- The worldwide popularity of a fast-food chain is an example of cultural globalization.
Variants and Related Words
- Globalize (verb): To develop or be developed so as to make possible international influence or operation.
- The company plans to globalize its operations within the next five years.
- Global (adjective): Relating to the whole world; worldwide.
- Climate change is a global problem requiring a global solution.
- Anti-globalization (adjective/noun): Opposed to the increase of global connections and the perceived negative effects of globalization.
- The summit was met with large anti-globalization protests.
Synonyms
- Internationalization
- Worldwide integration
- Universalization
Related Phrases
- Global village: The world viewed as a single community linked by telecommunications.
- The internet has turned the world into a global village.
- Global economy: An economic system where economies of different countries are interconnected.
- A recession in one major nation can affect the entire global economy.
Noun
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growth to a global or worldwide scale
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the globalization of the communication industry
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