noun

globalisation

globalization

Globalisation has changed the world economy.

Globalization has changed the world economy.

The effects of globalisation are widely debated.

The effects of globalization are widely debated.

(subject/object) the process by which businesses or other organizations develop international influence Globalization has changed the world economy.

Synonyms: internationalization, universalization

From 'global' + '-ize' (verb-forming suffix) + '-ation' (noun-forming suffix). The process of making something global.

This is the process ('-ation') of the world becoming more connected, like a single 'globe'. The British spelling is 'globalisation'.

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