globalization

noun

glob·​al·​i·​za·​tion ˌglō-bə-lə-ˈzā-shən How to pronounce globalization (audio)
: 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
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Capitalism is changing it by virtue of globalization. Emiliano Tahui Gómez, Austin American-Statesman, 31 Oct. 2024 The politics are made plain as the exhibit moves through the 1990s, and the current issues surrounding the garment industry and how globalization has decimated French textile production. Rhonda Richford, WWD, 16 Oct. 2024 As the world begins to move away from globalization and more towards national isolationism, air travel demand could be affected in the long run. Jerrold Lundquist, Forbes, 27 Nov. 2024 At home, Western countries grappled with the negative effects of globalization, including industrial decline, diminished competitiveness, an erosion of social cohesion, and discontent with the political status quo. Norbert Röttgen, Foreign Affairs, 22 Nov. 2024 See all Example Sentences for globalization 

Word History

Etymology

see globe entry 1

First Known Use

1930, in the meaning defined above

Time Traveler
The first known use of globalization was in 1930

Dictionary Entries Near globalization

Cite this Entry

“Globalization.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/globalization. Accessed 25 Dec. 2024.

Last Updated: - Updated example sentences
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