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globalization
[gloh-buh-luh-zey-shuhn]
noun
the act of globalizing, or extending to other or all parts of the world.
the globalization of manufacturing.
worldwide integration and development.
Globablization has resulted in the loss of some individual cultural identities.
globalization
/ ˌɡəʊəɪˈɪʃə /
noun
the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications
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
the process by which a company, etc, expands to operate internationally
51Թ History and Origins
Origin of globalization1
Example Sentences
Not because he thought the globalization of manufacturing was morally suspect, but because he saw it as damaging to the U.S. economy.
Like few other places in the U.S., the economy and culture of Los Angeles have been forged by globalization.
This pivot includes enacting a historic global tariff regime and a fundamental reassessment of free trade and globalization.
In that sense, he argued, “the U.S. is getting most of the returns from globalization.”
Like few other places in the U.S., the economy and culture of Los Angeles and its sprawling suburbs have been forged by globalization.
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