Question

what is DE-INDUSTRIALIZATION​

Answer 1

Answer:

The use of the word 'de-industrialisation' could be traced to 1940. Its dictionary meaning is 'the reduction or destruction of a nation's industrial capacity'. ... The declining share of industrial output in the' world output could be attributed to an absolute decline in manufacturing output per person.

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Answer 2

Answer:

De-industrialization refers to the contraction and decline of the weight of manufacturing industry within an economy.A distinction is drawn between absolute declines in output and employment and relative declines in the proportion or share of manufacturing in total output and employment.

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