Globalization
Definitions
The process by which businesses or other organizations develop international influence or start operating on an international scale.
The worldwide integration and development of increasingly homogeneous economic, cultural, and political systems.
Examples
Globalization has significantly increased the interconnectedness of economies around the world.
Critics argue that globalization can sometimes lead to the erosion of local cultural traditions.
Synonyms
International integration Global expansion Worldwide interconnectedness Universalization Cross-border integration