Definition, Meaning & Synonyms
deindustrialization
Noun
/ˌdiːɪnˌdʌstrɪəlaɪˈzeɪʃən/
Definition
The process by which industrial activity in a country or region decreases significantly.
Examples
- Many cities in the Rust Belt experienced deindustrialization in the late 20th century.
- Deindustrialization can lead to high unemployment rates and socioeconomic challenges.
Meaning
Deindustrialization refers to the decline of manufacturing jobs and industries in a particular area, often resulting in economic and social changes.
Synonyms
- Decline of industry
- Manufacturing decline
- Industrial decline
