What is the meaning of GLOBALIZATION?

GLOBALIZATION is the name for the process of increasing the connectivity and interdependence of the world's markets and businesses. In its literal sense, globalization is a social change, an increased connectivity among societies and their elements due to transculturation; the explosive evolutions of transport and communication technologies to facilitate international cultural and economic exchange are examples of globalization.

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APABarry Goldsmith. (2010). globalization. Retrieved September 22, 2026, from http://smartdefine.org/globalization/definitions/1154947
ChicagoBarry Goldsmith. 2010. "globalization" http://smartdefine.org/globalization/definitions/1154947 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, globalization, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/globalization/definitions/1154947>.
MLABarry Goldsmith. "globalization" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/globalization/definitions/1154947>
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