globalization

[ˌɡloʊbələˈzeɪʃən]

globalization Definition

• 1. the process by which businesses or other organizations develop international influence or start operating on an international scale
• 2. the 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

• economic 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.

• cultural globalization

  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.

• political globalization

  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.

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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.