In the broadest terms, globalization is the spread of products, services, people, and activities across national borders and across cultures.
In the broadest terms, globalization is the spread of products, services, people, and activities across national borders and across cultures. On an individual business level, this might be referred to as global or overseas expansion. Sometimes it is used to refer to a more specific phenomenon in economics — the spread of “free market” policies across the world economy.