Basic Details
Word: Globalization
Part of Speech: Noun
Meaning: The process by which businesses or other organizations develop international influence or start operating on an international scale.
Synonyms: Internationalization, global integration, worldwide expansion
Antonyms: Isolationism, nationalism, protectionism
Idioms and Phrases
- Global village: Refers to the world being closely connected by modern telecommunications. Example: "Thanks to the internet, the world has become a global village."
- Think global, act local: Encourages considering the global impact while taking local actions. Example: "In business, it's important to think global, act local."
Usage Examples
Example 1: Globalization has made it easier for companies to expand across borders.
Example 2: The spread of fast food chains is one of the effects of globalization.
Example 3: Cultural exchange has increased significantly due to globalization.
Fun Fact
Did you know that the term globalization became popular in the 1990s, though the concept has existed for centuries through trade routes like the Silk Road?
Famous Quote
"Globalization is not a monolithic force but an evolving set of consequences-some good, some bad, and some unintended." John B. Larson
Multiple Choice Questions (MCQs)
1. What does "globalization" mean?
a) Traveling locally only
b) The process of worldwide integration
c) Staying isolated from other countries
d) Using local products only
Answer: b) The process of worldwide integration
2. Which of these is a synonym of "globalization"?
a) Isolationism
b) Global integration
c) Nationalism
d) Regionalism
Answer: b) Global integration
3. Which is an antonym of "globalization"?
a) Internationalization
b) Protectionism
c) Worldwide expansion
d) Cultural exchange
Answer: b) Protectionism
4. Which sentence uses "globalization" correctly?
a) Globalization is the act of planting trees in a forest.
b) Globalization prevents companies from doing international trade.
c) Globalization has connected people from different parts of the world.
d) Globalization only affects local farming communities.
Answer: c) Globalization has connected people from different parts of the world.
5. What does the idiom "global village" mean?
a) A village that has many global companies
b) A local town with internet
c) The concept of the world being interconnected
d) A place where many villagers travel globally
Answer: c) The concept of the world being interconnected
