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deindustrialization |
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deindustrialization, deindustrialisation [ˌdiːɪnˌdʌstrɪəlaɪˈzeɪʃən] n (Economics) the decline in importance of manufacturing industry in the economy of a nation or area Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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Once growth became both the means and end of our deindustrializing economy, and as the quantification of the net effect on growth of various human actions became the closest approximation of passion an economist's heart can muster, it was only a matter of time before profligacy became civic virtue. By contrast, the blacks who populated America's deindustrializing ghettos in the 1960s remained outside the political, cultural and educational mainstream "even though they [knew] the language and culture of the United States. [8] Notwithstanding the possibility that these surveys may underestimate demand for land reform, the economic and political crisis engulfing the country from the mid-1990s onwards was primarily the result of the deindustrializing effects of World Bank/International Monetary Fund (IMF) structural adjustment policies, combined with the absence of a competitive electoral system. |
deindustrializing |
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