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

Examples of globalization in a Sentence

Recent Examples on the Web The impact of this globalization runs deeper than just sports, with a transformative impact at the societal level. —

Rachel Marsden, Hartford Courant, 8 Aug. 2024 In recent decades, the country had been celebrated as a poster child of globalization and development, with the economy growing briskly, incomes on the rise, and various social indicators moving in positive directions. —

Ali Riaz, Foreign Affairs, 6 Aug. 2024 The film, which won a 2020 Oscar for best feature-length documentary, looked at issues including the rights of workers, globalization and automation. —

Paolo Confino, Fortune, 29 July 2024 The other, a report from American Compass, a think tank founded in 2020 by Oren Cass, a former campaign aide to Mitt Romney, of all people, also lambastes the effects of globalization and adds an excessive focus on finance and financial markets to the list of modern capitalism’s ailments. —

John Cassidy, The New Yorker, 22 July 2024 See all Example Sentences for globalization

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'globalization.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.