A process in which geographic distance becomes a factor of diminishing importance in the establishment and maintenance of cross border economic, political and socio-cultural relations. |
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Globalization is the worldwide process of homogenizing prices, products, wages, rates of interest and profits. |
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A decoupling of space and time, emphasising that with instantaneous communications, knowledge and culture can be shared around the world simultaneously. |
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A worldwide drive toward a globalized economic system dominated by supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments. |
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See live inbound traffic for JFK Airport, New York, USA. 
