the state or act of decreasing government control of the economy in order to increase the role of private entities in the market

The economic liberalization of China has been kept in check partially by its communist government.

the increasing interconnection of the world that began at about 1500 CE and has accelerated since 1800

Globalization is the word that describes the whole process of big corporations moving around the world in search of new markets and cheaper labor.

of, pertaining to, including, or involving several countries

The multinational corporation had offices in San Francisco, Tokyo, and Dubai.

any nonprofit organization or body that operates independently of government

The non-governmental organization your cousin works for raises money to lobby for prison reform.

to move jobs or industries to another country where costs are cheeper

In the late 20th century, many global companies began to outsource manufacturing to countries with lower labor costs including China, the Philippines, and Mexico.

to change from governmental control or ownership to private

The railways in that country are now being privatized.

not capable of being prolonged or continued; not sustainable

The current food system is unsustainable.