Professional Documents
Culture Documents
Globalization:
Meaning #1
• Globalization is the word used to describe the growing interdependence of the world’s
economies, cultures, and populations, brought about by cross-border trade in goods and
services, technology, and flows of investment, people, and information.
Source: Peterson Institute for International Economics, October 29, 2018, What is globalization?
PIIE. (2022, October 24). Retrieved January 25, 2023,
https://www.piie.com/microsites/globalization/what-is-globalization
Meaning #2
• Globalization is a term used to describe how trade and technology have made the world a
more connected and interdependent place. Globalization also captures in its scope the
economic and social changes that have come about as a result. It may be pictured as the
threads of an immense spider web formed over millennia, with the number and reach of
these threads increasing over time.
Source: National Geographic Society. (2022, May 10). Globalization.
https://education.nationalgeographic.org/resource/globalization
Meaning #3
Meaning #5