Globalization Meaning Oxford Dictionary

August 26, 2021 Post a Comment

A situation in which available goods and services or social and cultural influences gradually become similar in all. It is a word that constructs itself naturally in the English language by combining the word global with the standard suffix ization.

The Meaning Of Everything The Story Of The Oxford English Dictionary By Simon Winchester

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Globalization meaning oxford dictionary. Meaning pronunciation picture example sentences grammar usage notes synonyms and more. According to the Oxford dictionary the word globalization was first employed in. The increase of trade around the world especially by large companies producing and trading.

Or globalisation ˌɡləʊbəlaɪˈzeɪʃən noun. The emergence since the 1980s of a single world market dominated by multinational companies leading to a diminishing capacity for national. This means that goods and services capital and labour are traded on a worldwide basis and information and the results of research flow readily between countries.

Globalization has entailed the closer economic integration of the countries of the world. In a general sense the increasing worldwide integration of economic cultural political religious and social systems. The tug-of-war between the forces of globalization and localization.

The way in which economies have been developing to operate together as one system. We use cookies to enhance your experience on our website including to provide targeted advertising and track usage. Socially it leads to greater interaction among various populations.

We must take advantage of the increased globalization of the commodity trading business. 1 The process of making something local in character or restricting it to a particular place. The act or process of making something international the internationalization and globalization of trade and politics Questions about grammar and vocabulary.

The process enabling financial and investment markets to operate internationally largely as a result of deregulation and improved communications. An intensification of the trade war is likely to speed up this process of deglobalization. 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.

The reversal or decline of the effects of globalization. Culturally globalization represents the exchange of. We must take advantage of the increased globalization of the commodity trading business.

The act or process of globalizing. Rather it is something linked with the process of capitalist. Globalization in British English.

Globalization gloʊbəlɪˈzeɪʃən. ˌɡləʊbəlaɪˈzeɪʃən the increase of business around the world especially by big companies operating in many countries the process in which things all over the world become more similar. Globalization is a social cultural political and legal phenomenon.

This has been partially achieved by the localisation programme constantly being developed. Economic globalization is the process by which the whole world becomes a single market. Definition of globalization noun in Oxford Advanced Learners Dictionary.

Globalization is the idea that the world is developing a single economy as a result of improved technology and communicationsthe globalization of business activities around the world. The state of being globalized especially. Uncountable the act or process of bringing something under the control or protection of two or more nations.

It obviously must mean to become global to make global or something along these lines. The algae are globally distributed with greatest densities occurring in the Caribbean Sea. Globalization is a process of increasing interconnectedness.

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