globalization

Definitions

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

The increasing interconnectedness and interdependence of the world's economies, cultures, and populations, brought about by cross-border trade, technology, and information flow.

Examples

Globalization has significantly increased the interconnectedness of economies around the world.

Many argue that globalization has led to a greater exchange of cultural ideas and traditions.

Synonyms

internationalization integration universalization interconnectedness globalism world-integration cross-border expansion

Antonyms

isolationism protectionism nationalism localization autarky segregation fragmentation