A globalized city is one that has significant connections with various countries around the world and plays a prominent role in global economic, cultural, and political networks. These cities are hubs for international trade, finance, tourism, and diverse social interactions.
Related terms
Transnational corporations: Transnational corporations are large companies that have operations in multiple countries. They play a crucial role in shaping the economies of globalized cities.
Globalization: Globalization refers to the increasing interconnectedness and integration of countries through trade, communication, technology, and cultural exchange.
Cosmopolitanism: Cosmopolitanism is an ideology that emphasizes embracing diversity and considering oneself as part of a global community rather than being limited by national or regional identities.