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Globalisation

//ˌɡloʊ.bə.lɪˈzeɪ.ʃən// noun

Definitions

Noun
  1. 1
    The process of becoming a more interconnected world. countable, uncountable
  2. 2
    growth to a global or worldwide scale wordnet
  3. 3
    The process of the world economy becoming dominated by capitalist models, according to the World System Theory. countable, uncountable

    "Sure, globalization as flows of trade will continue. But globalization as the driving logic of world affairs — that seems to be over."

Etymology

From global + -isation or globalise + -ation. Popularized by German-American economist and professor at Harvard Business School Theodore Levitt.

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