Deindustrialize

/ˌdiːɪnˈdʌs.tri.əˌlaɪz/ verb

Definition

To cause the decline or disappearance of manufacturing and heavy industry in a region or country.

Etymology

From 'de-' (reversal) plus 'industrialize', from Latin 'industria'. Emerged as a term in the late 20th century to describe economic processes that reversed industrial development.

Kelly Says

When factories move overseas, they deindustrialize entire regions—what's fascinating is that China is now facing deindustrialization itself as manufacturing shifts to cheaper labor markets like Vietnam.

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