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deindustrialization
(redirected from deindustrialize)

    Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.04 sec.
deindustrialization
A shift in an economy from producing goods to producing services. Such a shift is most likely to occur in mature economies such as that of the United States. This shift has considerable impact on investors' view of the attractiveness of various industries.


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Whether the choice was made with an awareness of the social consequences is, of course, a nother matter; but it is clearly the case that the choice to deindustrialize was made with a thorough understanding of who would lose in the new economy.
CONVERGENCE BY CONVICTION: POLITICS AND ECONOMICS IN THE EMERGENCE OF ... by Cronin, James E. / Journal of Social History
McKenzie shows that the United States did not deindustrialize during the 1980s.
What Went Right in the 1980s by Roberts, Paul Craig / Reason
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