Dictionary Definition Of Globalisation

Globalization is the idea that the world is developing a single economy as a result of improved technology and communications.

Dictionary definition of globalisation. Globalization definition is the act or process of globalizing. Globalization is the spread of products investment and technology across national borders and cultures. The definition of globalization is the process of growing and expanding to exist throughout the entire world. 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.

In economic terms it describes the loosening of barriers to international trade. An example of globalization is when a company has offices in the us europe china mexico and throughout the world. The increase of trade around the world especially by large companies producing and trading. See spelling differences is the process of interaction and integration among people companies and governments worldwide.

Optimists say globalization means more cultural choices for everyone. 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. The globalization of manufacturing. Definition of globalization from the cambridge academic content dictionary cambridge university press.

The state of being globalized. Globalization has accelerated since the 18th century due to advances in transportation and communication technology. Definition of globalization noun worldwide flow and integration of culture media and technology due to advances in communication systems and economic interests.