Globalization (Noun)
Meaning
Growth to a global or worldwide scale; "the globalization of the communication industry".
Classification
Nouns denoting natural processes.
Examples
- The rapid globalization of technology has enabled people from different parts of the world to connect with each other instantly.
- Globalization has opened up new markets and opportunities for businesses to expand their customer base worldwide.
- The globalization of the media industry has led to a homogenization of cultural values and ideas across the globe.
- Economists argue that globalization has contributed to economic growth and increased international trade among nations.
- The impact of globalization on local industries has been a topic of debate among policymakers and economists in recent years.