The worldwide movement toward economic, financial<span>, </span>trade<span>, and </span>communications integration.
Globalization implies the opening of local and nationalistic perspectives to a broader outlook of an interconnected and interdependent world with freetransfer of capital, goods, and services across national frontiers. However, it does not include unhindered movement of labor and, as suggested by some economists, may hurt smaller or fragile economies if applied indiscriminately
Lexicon is the term that refers to the vocabulary of a language
Vocabulary basically means the body of words that are being used in a particular language. For instance, in English language, the use of word such as boy, girl entails the language vocabulary
So, basically, Lexicon can be simply defined as a language's dictionary.
Lexicon entails set of names for things, events, ideas, dates and everything that can be discussed in language.
Therefore, the term which refers to vocabulary of a language or words contained within a language is known as Lexicon.
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