noun
- plural of globalisation; the process of integrating economies, cultures, and societies across national borders through trade, technology, and communication
Usage: British English spelling (American English: globalizations); typically used in plural to refer to multiple instances or aspects of the process
Examples
- The globalisations of supply chains have made products cheaper but also more complex.
- Different globalisations occurred in various industries at different times.
- Economists debate the positive and negative effects of globalisations on developing nations.
- Cultural globalisations have spread music, food, and fashion across continents.
- The globalisations of financial markets increased both opportunities and risks for investors.