globalization

noun

glob·​al·​i·​za·​tion ˌglō-bə-lə-ˈzā-shən 

: 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 globalization …

—Kristina Johnson and Samuel Fromartz

Examples of globalization in a Sentence

Recent Examples on the Web

His remarks evoked a world on edge, beset by growing social and economic divides and the uneven effects of globalization. — Ishaan Tharoor, New Yorker, 14 Oct. 2026

Today, her work takes cues from antique phoenix-tail vases, ginger jars, flasks, and other traditional Chinese silhouettes, exploring the intersection of ceramics and globalization. — Hannah Martin, Architectural Digest, 13 Oct. 2026

Their research showed that Chinese import competition did lasting damage to American manufacturing communities, which did not adjust as smoothly as optimistic accounts of globalization predicted. — Nick Lichtenberg, Fortune, 10 Oct. 2026

But the union report, prepared by EY, takes a longer-term view, showing that the globalization of production has been underway since the turn of the millennium. — Gene Maddaus, Variety, 5 Oct. 2026

Word History

Etymology

see globe entry 1

First Known Use

1930, in the meaning defined above

Phrases Containing globalization

• anti-globalization

Rhymes for globalization

• abbreviation
• abomination
• acceleration
• accentuation
• accommodation
• accreditation
• acculturation
• accumulation
• acetylation
• adjudication
• administration
• adulteration