Meaning of “globalization” in the English Dictionary

"globalization" in British English

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globalizationnoun [ U ]

UK usually globalisation uk /ˌɡləʊ.bəl.aɪˈzeɪ.ʃən/ us /ˌɡloʊ.bəl.əˈzeɪ.ʃən/

(Definition of “globalization” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"globalization" in American English

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globalizationnoun [ U ]

us /ˌɡloʊ·bə·ləˈzeɪ·ʃən/

social studies the development of closer economic, cultural, and political relations among all the countries of the world as a result of travel and communication becoming easy:

Optimists say globalization means more cultural choices for everyone.

(Definition of “globalization” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"globalization" in Business English

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globalizationnoun [ U ]

UK also globalisation uk /ˌɡləʊbəlaɪˈzeɪʃən/ us COMMERCE, ECONOMICS

the way in which economies have been developing to operate together as one system:

We must take advantage of the increased globalization of the commodity trading business.

the process by which particular goods and services, or social and cultural influences, gradually become similar in all parts of the world:

The globalization of politics coincided with the use of US political consultants by Western democracies.

(Definition of “globalization” from the Cambridge Business English Dictionary © Cambridge University Press)