globalization
noun/ˌɡloʊbələˈzeɪʃən/
Frequency rank: #8,017 of 20,003 in the WORDED list (wordfreq data)
Meaning
the process by which businesses, cultures, and economies become interconnected worldwide.
Example sentence
Many economists believe that globalization has helped reduce poverty in developing countries.
Synonyms & related words
- internationalization
- integration
- interconnection
- liberalization
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