1. the process by which businesses, technologies, and cultures spread and become integrated across the world
Usage: uncountable; often used in academic, economic, and political contexts
2. the increasing interconnection of economies, markets, and financial systems across different countries
Usage: economic sense; uncountable

Examples

• Globalization has made it easier for companies to do business in multiple countries.
• The spread of social media is a key example of cultural globalization.
• Some economists argue that globalization creates both winners and losers in the job market.
• Globalization has increased the flow of goods, services, and ideas across borders.
• Critics worry that globalization may threaten local traditions and small businesses.
• Technology and transportation have accelerated globalization over the past few decades.