what is globalization?

Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. ©2021 BuzzFeed, Inc. All rights reserved. Globalization refers to the increasing integration of production, development and communication among nations on a worldwide scale. Learn a new word every day. (Virtual Platform) Follow the button above to join us in our virtual platform for live panels, on-demand recorded content and more. What will replace it? 'Nip it in the butt' or 'Nip it in the bud'. Globalization definition is - the act or process of globalizing : the state of being globalized; especially : 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. Our shows and podcasts bring a deeper look at the stories shaping our economy. Accessed 27 Apr. It is the process of integration and international influence of economies and cultures. Emmanuel Macron breathes fresh air into the stagnating cause of European unity. Health and Safety Come First. Book Description: World Regional Geography: People, Places and Globalization provides students with a working knowledge of world geography in an easy-to-read format. More from Merriam-Webster on globalization, Nglish: Translation of globalization for Spanish Speakers, Britannica English: Translation of globalization for Arabic Speakers, Britannica.com: Encyclopedia article about globalization. What We Do. Cultural globalization, phenomenon by which the experience of everyday life, as influenced by the diffusion of commodities and ideas, reflects a standardization of cultural expressions globally. What made you want to look up globalization? Choose a keyboard below to view its layouts. Globalisation is a process by which economies and cultures have been drawn deeper together and have become more inter-connected through global networks of trade, capital flows, and the rapid spread of technology and global media. Basic geographic concepts of world places are presented in concise chapters, and each chapter provides a foundational framework for understanding the development patterns of world regions. The Globalization and Localization Association (GALA) connects and supports an international community of stakeholders that facilitate business across languages and cultures. About GALA. With a strong commitment to research, the department’s world-renowned faculty guides students through an exploration of the human condition, globalization, the concept of culture, and current issues that affect us all. Wake up to the day's most important news. Delivered to your inbox! The current era of globalization, with its unprecedented acceleration and intensification in the global flows of capital, labour, and information, is having a homogenizing influence on local culture. Although the factors influencing these relationships are never static and often complex, these resources can help you understand the underlying policies behind U.S. foreign policy and what it means for you. During these times, our top priority remains the health and safety of our employees, customers, suppliers and communities. The coronavirus pandemic has shattered a 30-year geopolitical order. The faculty engage with a range of public concerns and issues of global and national importance. 2021. 30,495 The primal drive for recognition in the global pecking order tests reasoned restraint in the North Korean crisis. Moving away from Western influence, Africa is already getting a glimpse of a different future. 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