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globalization definition

glob·ali·za·tion (glō′bəl i zā′s̸hən, -ī-)

noun

the process of globalizing something; specif., the expansion of many businesses into markets throughout the world, marked by an increase in international investment, the proliferation of large multinational corporations, worldwide economic integration, etc.

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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