globalization
Word family
- globaladjectiveA2
- globallyadverbB1
- globalizeverbB2
- globalizedadjectiveB2
- deglobalizationnounC1
Synonym discussion
Sense: noun/1
Globalization is the broadest term, covering the increasing flow of goods, capital, people, and ideas across borders — both economic and cultural. Internationalization is similar but emphasizes the expansion of business activities across countries without implying the deep structural change that globalization does. A company can internationalize its operations simply by selling in more countries; globalization suggests a world where national borders matter less for production and trade. Economic integration is narrower still — it refers specifically to countries merging their markets through trade agreements or shared policies, as in the European Union. Market liberalization is a policy approach (removing tariffs, deregulating) that enables globalization rather than being the process itself. In short: globalization is the big-picture result; internationalization describes cross-border spread; economic integration is the formal merging of economies; and liberalization is the policy tool that often drives these changes.
Common collocations
Nouns
- trade
- economy
- culture
- markets
- production
- supply chains
- media
- technology
Adverbs
- increasingly
- rapidly
- steadily
- relentlessly
Phrases
- the effects of globalization
- the rise of globalization
- the spread of globalization
- in the era of globalization
- the impact of globalization
- the forces of globalization
- the pace of globalization
Etymology
Globalization is formed from 'global' (meaning worldwide, from Latin 'globus' meaning sphere or ball) and '-ization' (a suffix that turns verbs into nouns meaning 'the process of becoming'). The word 'globalize' appeared in the mid-20th century, and 'globalization' gained wide use in the 1960s–1980s as economists and sociologists began describing the growing interconnectedness of national economies and cultures. By the 1990s it had become a central term in public debate about trade, technology, and cultural change.