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globalization
[ gloh-buh-luh-zey-shuhn ]
noun
- the act of globalizing, or extending to other or all parts of the world:
the globalization of manufacturing.
- worldwide integration and development:
Globablization has resulted in the loss of some individual cultural identities.
globalization
/ ˌɡəʊəɪˈɪʃə /
noun
- the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications
- 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
- the process by which a company, etc, expands to operate internationally
Word History and Origins
Origin of globalization1
Example Sentences
Like few other places in the U.S., the economy and culture of Los Angeles have been forged by globalization.
This pivot includes enacting a historic global tariff regime and a fundamental reassessment of free trade and globalization.
In that sense, he argued, “the U.S. is getting most of the returns from globalization.”
Like few other places in the U.S., the economy and culture of Los Angeles and its sprawling suburbs have been forged by globalization.
The actor, who has turned to conspiracy theories against “globalization” to wave off the allegations in the past, will face a first hearing next month, officials say.
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