globalization
noun
glob·al·i·za·tion ˌglō-bə-lə-ˈzā-shən 
: 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
Example Sentences
Recent Examples on the Web Support for globalization and international trade has waned in recent years. 
Christopher Decker, The Conversation, 1 Aug. 2022 The estimated number of workers who have lost access to assistance that helps workers who lose their jobs to globalization and trade, after the assistance program expired this month. Mark Murray, NBC News, 25 July 2022 For example: • The business models of the past have struggled to withstand unexpected economic shifts, changing technology, demographic shifts, globalization and other disruptive forces. Sarah Sladek, Forbes, 3 June 2022 By contrast, globalization and its underlying theory make the goal a boundless market, in which borders have as little relevance as possible to economic transactions. Dominic Pino, National Review, 13 Mar. 2022 With vast and growing global interdependency, intercontinental travel and mass migration, the realities of globalization and climate change have fueled a modern era of new diseases. Lawrence O. Gostin, Scientific American, 1 Mar. 2022 Much of the nation’s freight-moving infrastructure relies on facilities that were built decades ago, long before the era of globalization and e-commerce. Washington Post, 13 Oct. 2021 The deal announced Friday is an attempt to address the ways globalization and digitalization have changed the world economy. David Mchugh And Danica Kirka, USA TODAY, 9 Oct. 2021 Also, to state the obvious: Through trade routes, war, colonialization, imperialism, immigration and globalization, the mingling of cuisines has been a part of human history forever. Bill Addison, Los Angeles Times, 27 Aug. 2022 See More
Christopher Decker, The Conversation, 1 Aug. 2022 The estimated number of workers who have lost access to assistance that helps workers who lose their jobs to globalization and trade, after the assistance program expired this month. Mark Murray, NBC News, 25 July 2022 For example: • The business models of the past have struggled to withstand unexpected economic shifts, changing technology, demographic shifts, globalization and other disruptive forces. Sarah Sladek, Forbes, 3 June 2022 By contrast, globalization and its underlying theory make the goal a boundless market, in which borders have as little relevance as possible to economic transactions. Dominic Pino, National Review, 13 Mar. 2022 With vast and growing global interdependency, intercontinental travel and mass migration, the realities of globalization and climate change have fueled a modern era of new diseases. Lawrence O. Gostin, Scientific American, 1 Mar. 2022 Much of the nation’s freight-moving infrastructure relies on facilities that were built decades ago, long before the era of globalization and e-commerce. Washington Post, 13 Oct. 2021 The deal announced Friday is an attempt to address the ways globalization and digitalization have changed the world economy. David Mchugh And Danica Kirka, USA TODAY, 9 Oct. 2021 Also, to state the obvious: Through trade routes, war, colonialization, imperialism, immigration and globalization, the mingling of cuisines has been a part of human history forever. Bill Addison, Los Angeles Times, 27 Aug. 2022 See More Word History
Etymology
see globe entry 1
First Known Use
1930, in the meaning defined above