# globalization

Pronunciation: say "gloh-buh-ly-ZAY-shuhn" US /ˌɡloʊ.bə.laɪˈzeɪ.ʃən/, UK /ˌɡləʊ.bə.laɪˈzeɪ.ʃən/, AUS /ˌɡləʉ.bə.lɑeˈzæɪ.ʃən/

## Noun

1. The process by which the world becomes more closely interconnected.
   - Simple: The way the whole world is becoming more and more connected.
   - _Globalization has brought cheap phones to remote villages and foreign films to small-town theaters._
   - _Some historians trace globalization back to the long sea voyages of earlier centuries._
2. In world-systems theory, the process by which capitalist models come to dominate the world economy.
   - Simple: In one theory about the world, the way capitalism spreads until it controls the world's economy.
   - _World-systems scholars describe globalization as capitalist markets spreading outward from a wealthy core to a dependent periphery._
   - _In the world-systems view, globalization has drawn even former socialist states into a single capitalist world economy._

## Origin

Formed from globalize + -ation.

Source: DictionaryAI, https://dictionaryai.com/define/globalization (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).