Definition of globalization
: 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
Recent Examples of globalization from the web
At cocktail parties where the Champagne flows, financiers have expressed bewilderment over the rise of populist groups that are feeding a backlash against globalization.
In an era in which the United States and Britain are consumed with recriminations over the strains of globalization, China will continue to tether its fortunes to world trade.
Did a combination of globalization, demographic change, cultural revolutions and whatever else just upend America’s consensus in support of liberal market democracy?
Populist forces have unsettled politics in Europe and the United States, frequently by using fake news and fanning fears of globalization and migration.
But the superluxury setting has led to the project’s being prejudged as an emblem of globalization rather than of global consciousness-raising.
But consider this deal more of a caveat added to the dominant narrative than some revolutionary twist to the story of globalization.
The issue then becomes why people think that globalization is bad for the economy in the first place.
In fact, that Christmas data highlights one feature of urban nature that sets it apart from all other ecosystems: globalization.
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Origin and Etymology of globalization
First Known Use: 1930
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Seen and Heard
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