reindustrialization

[ ree-in-duhs-tree-uh-li-zey-shuhn ]

noun

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

Word History and Origins

Origin of reindustrialization¹

re- + industrialization ( def )

Example Sentences

And you too can help with the reeducation and reindustrialization—but it will cost you $9.95 a month.

From The Daily Beast