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The Adobe Flash Player is required in order to view this content. You can get it here: globalizationOne entry found. Main Entry: glob·al·i·za·tion Pronunciation: \ˌglō-bə-lə-ˈzā-shən\ Function: noun Date: 1951 : the act or process of globalizing : the state of being globalized; especially : the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets 
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