Globalization is the knitting of the world into one market and culture. The effects of globalization, resist globalization, globalization and trade.
The word became common in the 1980s, though the process is far older and the first great wave ended in 1914. Britain spells it globalisation, and arguments about it are really arguments about who gains.
1nounglobalizationThe knitting of the world into one market and culture.
“Thanks to globalization, you can buy the same trainers in Tokyo and Toronto.”
globalization is a process.
Also accepted in games: globalisation
From globalize + -ation.
Etymology from Wiktionary, CC BY-SA