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English definition of “deindustrialization”

deindustrialization

noun [U] ( UK also deindustrialisation)     /diːɪnˌdʌstriəlaɪˈzeɪʃən/
the reduction of the amount of industry in an area or a country: The photographs show Philadelphia rising up in the industrial age and deteriorating through the post-war years of deindustrialization.
(Definition of deindustrialization noun from the Cambridge Business English Dictionary © Cambridge University Press)
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