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deindustrialization
/ ˌdiːɪnˌdʌstrɪəlaɪˈzeɪʃən /
noun
- the decline in importance of manufacturing industry in the economy of a nation or area
Example Sentences
They represent the people left behind by deindustrialization and the disappearance or automation of the dirty, distasteful jobs that were the backbone of the U.S. economy.
And the early stages of American deindustrialization were already underway: Jobs were starting to vanish.
Rather than blame Haitians or any other immigrant group for these structural issues, it is essential not to cower to these fears but to shine the light on institutions that make life difficult—such as the decades of corporate deindustrialization—and the people who should remedy it: the government.
Chuck Pascal, Democratic chair of Armstrong County, located next to Butler, credits the shift from “traditional Republican red” to “MAGA red” with the deindustrialization of the region during the early 1980s.
Joseph Stiglitz, the Nobel Prize-winning economist, credits Biden for trying to reverse decades of deindustrialization, especially with a Republican-controlled House limiting what he can do.
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