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Deindustrialization
(redirected from deindustrialize)

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Deindustrialization
A situation in which an economy begins producing more services than goods. An analyst may say that deindustrialization is occurring when decreases in manufacturing are accompanied by increases in consulting companies. This can be beneficial to some sectors; indeed, some investors look for evidence of deindustrialization to know what industries are likely to be profitable. However, deindustrialization can be detrimental to some workers and regions. For example, as the United States has deindustrialized, the city of Detroit, which is home to many automakers, has lost approximately half of its population, and consistently maintains a high unemployment rate relative to the rest of the country.

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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Second, and more importantly, he attempts to link Bomber Command's efforts and the resulting destruction of German social fabric to the so-called Morgenthau Plan--the proposal by Henry Morgenthau, US secretary of the treasury at the time, to divide, deindustrialize, and pastoralize Germany to ensure it would never again become powerful.
Insofar as environmentalists and radical progressives want government to intervene in the market to control greenhouse gas emissions, it is their proposals themselves that, if enacted, will deindustrialize the developed nations and threaten the peace, stability, and prosperity of the world.
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.
 
 
 
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