means the loss industeies
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— A declining industry is an industry where growth is either negative or is ... to newer and faster means of transporting goods (primarily air transport
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Declining Industry?
A declining industry is an industry where growth is either negative or is not growing at the broader rate of economic growth. There are many reasons for a declining industry: consumer demand may be steadily evaporating, the depletion of a natural resource may be occurring or there may be the emergent substitutes because of technological innovation.
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