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 But public awareness of the costs of globalization started to grow in the early 1990s, thanks to stories and reports from human rights organizations and newsrooms that laid out the abysmal working conditions and standards of major brands, often in their factories overseas. —

Sam Delgado, Vox, 5 July 2024 Since the 1960s, despite enormous growth in pretax corporate earnings, global corporate tax revenues have been in decline; globalization and the rise of the digital economy have accelerated this trend. —

Joseph E. Stiglitz, Foreign Affairs, 3 July 2024 The wise people who write about international trade say that globalization is dead, killed off by nationalism and protectionism. —

Llewellyn King, Orlando Sentinel, 3 July 2024 The new globalization story starts in China because of the country’s rapid economic rise and geopolitical tensions. —

Marco Quiroz-Gutierrez, Fortune, 2 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.