Globalization (noun) Definition, Meaning & Examples

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.
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
Globalization (noun) Definition, Meaning & Examples

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