globalization

noun

: 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
Globalization brought with it elongated supply chains, as manufacturing and production were moved across oceans and continents. Mary Hui
Much of globalization's appeal came from the cheap labor offered in manufacturing hubs like China and Vietnam. Companies moved production abroad, and lower labor costs kept prices low for all kinds of goods. Ben Winck
Free-trade proponents argue there are always winners and losers in globalization, but overall, gains outweigh losses. … That "everyone's better off" argument, though, rang hollow among Rust Belt workers left behind in globalizationKristina Johnson and Samuel Fromartz

Examples of globalization in a Sentence

Recent Examples on the Web
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The long tail of this policy-legitimacy gap is already visible in populist movements responding to the unequal distribution of benefits from globalization. Nili Gilbert, Forbes.com, 7 July 2026 As globalization and technological change have amplified market inequality, Washington has not only kept these policies in place but rejiggered them to benefit the rich even more. Annie Lowrey, The Atlantic, 6 July 2026 Kruszewski recalls reading about Japanese mills purchasing antique fabric looms from American manufacturers that were closing during the early stages of globalization. Emmanuel Olunkwa, Architectural Digest, 1 July 2026 According to an April study by Indiana University, globalization, automation and the rise of alternative steelmaking technologies have reshaped what was once the heart of American industry. John Lippert, Chicago Tribune, 28 June 2026 See All Example Sentences for globalization

Word History

Etymology

see globe entry 1

First Known Use

1930, in the meaning defined above

Time Traveler
The first known use of globalization was in 1930

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Cite this Entry

“Globalization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/globalization. Accessed 10 Jul. 2026.

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