What Does the Term Regionalize Mean?

: to divide into regions or administrative districts : arrange regionally.

What is regionalization in simple words?

Definition: Regionalization is the tendency to form regions or the process of doing so. When used in opposition to globalization, this often means a world that is less connected, with a stronger regional focus.

What is an example of regionalization?

Examples of economic regionalism include free-trade areas, customs unions, common markets, and economic unions. ... A customs union creates a greater degree of integration through a common tariff on nonmembers, and a common market adds to these arrangements by allowing the free movement of capital and labour.