Globalization (or globalisation) describes the process by which
regional economies, societies, and cultures have become integrated
through a global network of communication, transportation, and trade.
The term is sometimes used to refer specifically to economic
globalization: the integration of national economies into the
international economy through trade, foreign direct investment,
capital flows, migration, and the spread of technology.[1] However,
globalization is usually recognized as being driven by a combination
of economic, technological, sociocultural, political, and biological
factors.[2] The term can also refer to the transnational circulation
of ideas, languages, or popular culture through acculturation.
From Wikipedia