Definitions for Globalization
glob·al·iza·tion

Princeton's WordNetRate this definition:3.0 / 1 vote

1. globalization, globalisationnoun

   growth to a global or worldwide scale

   "the globalization of the communication industry"

WikipediaRate this definition:0.0 / 0 votes

1. Globalization

   Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. The term globalization first appeared in the early 20th century (supplanting an earlier French term mondialization), developed its current meaning some time in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the post-Cold War world. Its origins can be traced back to 18th and 19th centuries due to advances in transportation and communications technology. This increase in global interactions has caused a growth in international trade and the exchange of ideas, beliefs, and culture. Globalization is primarily an economic process of interaction and integration that is associated with social and cultural aspects. However, disputes and international diplomacy are also large parts of the history of globalization, and of modern globalization. Economically, globalization involves goods, services, data, technology, and the economic resources of capital. The expansion of global markets liberalizes the economic activities of the exchange of goods and funds. Removal of cross-border trade barriers has made the formation of global markets more feasible. Advances in transportation, like the steam locomotive, steamship, jet engine, and container ships, and developments in telecommunication infrastructure, like the telegraph, Internet, mobile phones, and smartphones, have been major factors in globalization and have generated further interdependence of economic and cultural activities around the globe.Though many scholars place the origins of globalization in modern times, others trace its history to long before the European Age of Discovery and voyages to the New World, and some even to the third millennium BCE. Large-scale globalization began in the 1820s, and in the late 19th century and early 20th century drove a rapid expansion in the connectivity of the world's economies and cultures. The term global city was subsequently popularized by sociologist Saskia Sassen in her work The Global City: New York, London, Tokyo (1991).In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge. Globalizing processes affect and are affected by business and work organization, economics, sociocultural resources, and the natural environment. Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.

ChatGPTRate this definition:0.0 / 0 votes

1. globalization

   Globalization is the process of increased interconnectedness and interdependence among different countries, cultures, and economies across the world. This process is driven by international trade, investment, information technology, and the movement of people. It involves the spread and integration of goods, services, ideas, information, and cultural norms across national borders, leading to a more interconnected and interdependent world. It can also include global environmental challenges and global governance.

WikidataRate this definition:4.4 / 10 votes

1. Globalization

   Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture. Put in simple terms, globalization refers to processes that increase world-wide exchanges of national and cultural resources. Advances in transportation and telecommunications infrastructure, including the rise of the Internet, are major factors in globalization, generating further interdependence of economic and cultural activities. Though several scholars place the origins of globalization in modern times, others trace its history long before the European age of discovery and voyages to the New World. Some even trace the origins to the third millennium BCE. In the late 19th century and early 20th century the connectedness of the world's economies and cultures grew very quickly. This slowed down due to the World Wars and the Cold War but has picked up again since neoliberal policies began in the 1980s and especially since the Post Cold War era started in the early 1990s. The term globalization has been in increasing use since the mid-1980s and especially since the mid-1990s. In 2000, the International Monetary Fund identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people and the dissemination of knowledge. Further, environmental challenges such as climate change, cross-boundary water and air pollution, and over-fishing of the ocean are linked with globalization. Globalizing processes affect and are affected by business and work organization, economics, socio-cultural resources, and the natural environment.

Matched Categories

1. • Economic Process

How to pronounce Globalization?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Globalization in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Globalization in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of Globalization in Pythagorean Numerology is: 8

Examples of Globalization in a Sentence

1. Hillary Clinton:

   Looking back over the past decades as globalization picked up steam, there is no doubt that the benefits of trade has not been as widely enjoyed as many predicted.

2. Jerome Powell:

   There is a real possibility that globalization will go into reverse.

3. Le Pen:

   I am in the middle of employees who resist to wild globalization. I am not with the managers who eat petit fours.

4. Jim Reid:

   U.S./China trade newsflow seemed to take a backward step ahead of important talks this week and UK/EU Brexit talks not only unraveled but the relationship between the two sides seems to be in danger of breaking down completely, so the obvious cracks that have been appearing over more than four decades of globalization are in danger of widening significantly in the days and weeks ahead.

5. Georgetown University:

   It is also a sign of interconnectedness, of globalization and of opening up to the rest of the world.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=Globalization
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Globalization
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Globalization