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globalization

[gloh-buh-luh-zey-shuh n] /ˌgloʊ bə ləˈzeɪ ʃən/
noun
1.
the act of globalizing, or extending to other or all parts of the world:
the globalization of manufacturing.
2.
worldwide integration and development:
Globablization has resulted in the loss of some individual cultural identities.
Also, especially British, globalisation.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for globalization
  • Many of the coffee and sugar cane plantations around here have collapsed, done in by the forces of globalization.
  • The book was fascinating -it gave me a whole new perspective on the nature of higher education in a time of globalization.
  • The benefits of globalization are spread unevenly.
  • Nothing keeps away the juggernaut of globalization except war and disease.
  • The Web would be globalization taken to the extreme.
  • The idea applies in particular to cities bypassed by globalization.
  • He's the face of globalization.
  • Free trade and globalization are great things in abstract theory.
  • Human society's globalization comes with costs and this is simply one of them.
  • They say globalization is a catastrophe for the poor.
British Dictionary definitions for globalization

globalization

/ˌɡləʊbəlaɪˈzeɪʃən/
noun
1.
the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications
2.
the emergence since the 1980s of a single world market dominated by multinational companies, leading to a diminishing capacity for national governments to control their economies
3.
the process by which a company, etc, expands to operate internationally
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for globalization
n.

1961, from globalize, which is attested at least from 1953 in various senses; the main modern one, with reference to global economic systems, emerged 1959.

Online Etymology Dictionary, © 2010 Douglas Harper
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