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reindustrialization

[ ree-in-duhs-tree-uh-li-zey-shuhn ]
/ ˌri ɪnˌdʌs tri ə lɪˈzeɪ ʃən /
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noun

the revitalization of an industry or industrial society through government aid and tax incentives, modernization of factories and machinery, etc.

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Origin of reindustrialization

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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