globalization

noun
glob·​al·​i·​za·​tion | \ ˌglō-bə-lə-ˈzā-shən How to pronounce globalization (audio) \

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

Examples of globalization in a Sentence

Recent Examples on the Web But there is a strong argument for how automation has increased globalization, world commerce and the amazing development of international communication, bringing us closer together. Mario Paysse, Forbes, 11 Oct. 2021 For the past decade or more, the basic model of lower rates leading to higher inflation hasn’t really worked, as globalization, online competition and weak worker power have ensured prices stay under control. James Mackintosh, WSJ, 12 July 2021 Rather cultural and material exchanges that maintain local self-reliance and respect ecological sustainability would replace present-day globalization—which perversely allows goods and finances to flow freely but stops desperate humans at borders. Ashish Kothari, Scientific American, 20 May 2021 This is a result of globalization, a natural factor of binding. Manyin Li, National Review, 7 Mar. 2021 Set in the '90s, when the globalization of the drug business ignites, the third season of Narcos: Mexico — the reset series in the Narcos franchise — will examine the war that breaks out after Felix’s (Luna) empire splinters. Jackie Strause, Billboard, 10 Nov. 2020 But since the end of the cold war, economic globalization, the meteoric ascent of China, and the widespread rise of populism have sharply reduced the dominance that made such a strategy possible. Jessica T. Mathews, The New York Review of Books, 5 Nov. 2020 Carney also flagged some of the medium- and long-term risks for economic recovery as the world struggles with new waves of infections, adding that trends towards de-globalization, and geopolitical tension, have accelerated amid the crisis. Katherine Dunn, Fortune, 27 Oct. 2020 The interplay—and contest—among the protectionist, resilience, and geoeconomic narratives will shape the future of globalization. Anthea Roberts, Fortune, 7 Oct. 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'globalization.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of globalization

1930, in the meaning defined above

History and Etymology for globalization

see globe entry 1

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Time Traveler for globalization

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The first known use of globalization was in 1930

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Dictionary Entries Near globalization

globality

globalization

globalize

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Statistics for globalization

Last Updated

22 Oct 2021

Cite this Entry

“Globalization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/globalization. Accessed 24 Oct. 2021.

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