globalization Definition
- 1the process by which businesses or other organizations develop international influence or start operating on an international scale
- 2the process of making something, such as a business or culture, become known and present throughout the world
Using globalization: Examples
Take a moment to familiarize yourself with how "globalization" can be used in various situations through the following examples!
Example
The company's globalization strategy has led to increased profits.
Example
Globalization has brought about cultural exchange and diversity.
Example
The effects of globalization can be seen in the spread of fast food chains around the world.
globalization Synonyms and Antonyms
Synonyms for globalization
- internationalization
- universalization
- worldwide influence
Phrases with globalization
the increasing interdependence of national economies across the world through a rapid increase in cross-border movement of goods, services, technology, and capital
Example
Economic globalization has led to the growth of multinational corporations.
the spread of cultural beliefs and practices around the world, facilitated by communication technologies and international travel
Example
Cultural globalization has led to the popularity of global brands and the spread of popular music genres.
the process of countries becoming more integrated and interconnected through political institutions and agreements
Example
Political globalization has led to the formation of international organizations like the United Nations and the World Trade Organization.
Summary: globalization in Brief
Globalization [ˌɡloʊbələˈzeɪʃən] is the process by which businesses or other organizations develop international influence or start operating on an international scale. It also refers to the process of making something, such as a business or culture, become known and present throughout the world. Examples of globalization include the spread of fast food chains and the growth of multinational corporations. Globalization can be categorized into economic, cultural, and political forms.