Economic Deindustrialization Process
(Redirected from deindustrialization)
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An Economic Deindustrialization Process is a social process characterized by the reduction of industrial capacity (and industrial activity).
- Context:
- It can (ideally) result in a shift in a Labor Market from Low-Skill Jobs to Medium-Skill Jobs.
- Example(s):
- Counter-Example(s):
- See: Developing Nation, Economic Activity, Industrial Base.
References
2016
- (Wikipedia, 2016) ⇒ http://wikipedia.org/wiki/deindustrialization Retrieved:2016-2-22.
- Deindustrialization or deindustrialisation is a process of social and economic change caused by the removal or reduction of industrial capacity or activity in a country or region, especially heavy industry or manufacturing industry. It is the opposite of industrialization.