globalisation

Meaning

  1. (countable, uncountable) The process of becoming a more interconnected world.
  2. (countable, uncountable) The process of the world economy becoming dominated by capitalist models, according to the World System Theory.

Pronounced as (IPA)
/ˌɡləʊ.bə.laɪˈzeɪ.ʃən/
Etymology

From global + -isation or globalise + -ation. Popularized by German-American economist and professor at Harvard Business School Theodore Levitt.

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