Category: EconomyPart of speech: nounDifficulty: IntermediateRecommended for ★ UPSC
globalizzazione
/globalizzazione/Roman
English meaning: Globalization
Definition
The process by which businesses, cultures, and governments increasingly interact and integrate across national borders. Italy's luxury goods brands (Gucci, Prada, Versace, Ferrari), food exports, and cultural exports are major beneficiaries of globalization. Italy-India economic relations include significant Italian investments in India's manufacturing and luxury sectors.
Example
“La globalizzazione ha aperto nuove opportunità economiche per l'industria italiana.”
In English: “Globalization has opened new economic opportunities for Italian industry.”
Literary Heritage
“La fortuna non aiuta i paurosi, ma i prudenti.”
“Fortune does not help the fearful, but the prudent.”
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- Language
- Italiano
- Italian
- Script
- Latin
- Family
- Romance
- Speakers
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