It's been a while since the word "globalization" came into widespread use. But its meaning isn't always clear, perhaps because each person uses the term in his own way.
As for me, I understand it as a condition in which cross-border movements of not only money and goods, but people and even land, effectively, become possible, thereby accelerating the integration of the world's economies into one.
Of course land does not move across national borders. National borders were drawn over land against the backdrop of accumulated history. Similarly, people are bound by their nationalities, which are not so easy to change.