deindustrialization

British  

/ ˌdiːɪnˌdʌstrɪəlaɪˈzeɪʃən /

noun

1. the decline in importance of manufacturing industry in the economy of a nation or area

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Example Sentences

New England experienced America’s first deindustrialization.

From The Wall Street Journal

Still, risks include tariffs, EU deindustrialization and an aggressive expansion in China that could squeeze margins, the analysts add.

From The Wall Street Journal

One influential theory focuses on deindustrialization and the way that Americans without a college degree in particular have been left behind.

From Slate

Like other military veterans of the First Iraq War, McVeigh did not believe that the U.S. should become entangled in foreign wars at a time when his white-working class buddies back in Buffalo, NY, were suffering from the earliest waves of deindustrialization in America.

From Salon

And the early stages of American deindustrialization were already underway: Jobs were starting to vanish.

From Slate