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deindustrialization

   Also found in: Financial, Wikipedia 0.01 sec.
de·in·dus·tri·al·ize  (dn-dstr--lz)
v. de·in·dus·tri·al·ized, de·in·dus·tri·al·iz·ing, de·in·dus·tri·al·iz·es
v.tr.
To cause (a nation or area) to lose or be deprived of industrial capability or strength: felt that America was being deindustrialized by foreign competition.
v.intr.
To undergo or suffer loss of industrial infrastructure and potential.
dein·dustri·al·i·zation (--l-zshn) n.
deindustrialization, deindustrialisation [ˌdiːɪnˌdʌstrɪəlaɪˈzeɪʃən]
n
(Economics) the decline in importance of manufacturing industry in the economy of a nation or area
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The strength of Worcester's higher education sector, along with its health-care sector, has enabled Worcester to withstand the process of deindustrialization better than many other older industrial cities.
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It is clear from the literature that countries that have liberalized too early and too fast have gone through a process of deindustrialization.
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Does he think we can do nothing to stop the deindustrialization of a country that used to produce 96 percent of all it consumed?
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