From Longman Dictionary of Contemporary Englishglobalizationglo‧bal‧i‧za‧tion (also globalisation British English) /ˌɡləʊbəlaɪˈzeɪʃən $ ˌɡloʊbələ-/ ●○○AWL noun [uncountable]the process of making something such as a business operate in a lot of different countries all around the world, or the result of this
the increasing globalization of world tradeExamples from the Corpusglobalization• Globalization can often lead to the destruction of localcustoms and cultures.• Globalization has brought very little realbenefit to developing countries.• Globalization often means that poorer countries become too dependent on foreigninvestment, with the result that their own developmentsuffers.• a demonstration against globalization• We are now coming to see that economicglobalization has come at a heavyprice.• Liberalapproaches to modernization are closely linked to economic globalization.• Some see the spread of English as an internationallanguage as just another consequence of globalization.• Heard all about the globalization of finance?• While liberal pluralist modelsbestconceptualize the globalization process, no model is adequate.• Neo-Marxists emphasize the globalization of capitalistproduction and the associatedcreation of a globaldivision of labour.• Ever since the age of discovery, the history of capitalism has been a history of the globalization of production.• The history of capitalism has beena history of the globalization of production.• The globalization of all things electronic is still far from complete; and many early examples of electricalrevolutionexisted 100 years ago.• the globalization of world markets• Thanks to globalization, the burger you buy in Moscow is exactly the same as the one you buy in New York.From Longman Business Dictionaryglobalizationglo‧bal‧i‧za‧tion /ˌgləʊbəlaɪˈzeɪʃənˌgloʊbələ-/ (also globalisation British English) noun [uncountable]COMMERCEthe tendency for the world economy to work as one unit, led by large international companies doing business all over the world. Some of the things that have led to globalization are the ending of TRADE BARRIERS, the freemovement of capital, cheaptransport, and the increased use of electronic systems of communication such as the InternetThe publishing company is stepping up its globalisation and moving into new media such as the Internet and digital broadcasting.the rapid globalization of the world economy
