deindustrialisation
Manufacturing sector collapse
Deindustrialisation is the process by which a region or economy shifts away from manufacturing and heavy industry toward service-based sectors.
This typically involves factory closures, job losses in industrial work, and the decline of communities built around specific industries like steel, coal, or textiles.
The term often carries connotations of economic hardship and social upheaval, particularly in areas where industrial work once defined local identity.
The deindustrialisation of northern England transformed former mining towns.
Previously developed, possibly polluted land
- derelictionAbandonment of duty
- urban decayCity infrastructure deterioration
- ghost townsDepopulated former communities
- depopulationLoss of inhabitants
blight · vacant lots · regeneration · redevelopment · urban renewal · heritage sites · conversion · loft apartments
Moving work overseas
- outsourcingThird-party task delegation
- free trade agreementsTreaties lowering barriers between nations
- capital flightRapid outflow of investments
- global supply chainsInterconnected worldwide production systems
emerging markets · comparative advantage · trade imbalance · tariff reduction · international competition · relocation · trade deficit · global workforce
Manufacturing facilities ending operations
- plant shutdownCeasing industrial operations
- steelworksIndustrial metal production facility
- shipbuildingConstructing maritime vessels
- textilesWoven or knit materials
mining · manufacturing base · assembly line · rust belt · foundries · mills · smelting · ironworks
Mass job eliminations
- redundancyNeedless duplication
- unemploymentBeing without paid work
- displaced workersThose who lost positions
- retrenchmentReduction of expenditures
job losses · workforce reduction · retraining · joblessness · structural unemployment · labour market · severance · early retirement
Modification to core architecture
- economic transitionShift between economic systems
- service economySystem based on intangible work
- knowledge economySystem valuing expertise over manufacturing
- economic restructuringTransforming a nation's financial system
productivity · economic policy · growth model · wealth distribution · income inequality · austerity
brownfield
Previously developed, possibly polluted land
- derelictionAbandonment of duty
- urban decayCity infrastructure deterioration
- ghost townsDepopulated former communities
depopulation · blight · vacant lots · regeneration · redevelopment · urban renewal · heritage sites · conversion · loft apartments · repurposing
offshoring
Moving work overseas
- outsourcingThird-party task delegation
- free trade agreementsTreaties lowering barriers between nations
- capital flightRapid outflow of investments
global supply chains · emerging markets · comparative advantage · trade imbalance · tariff reduction · international competition · relocation · trade deficit · global workforce · economic integration
factory closures
Manufacturing facilities ending operations
- plant shutdownCeasing industrial operations
- steelworksIndustrial metal production facility
- shipbuildingConstructing maritime vessels
textiles · mining · manufacturing base · assembly line · rust belt · foundries · mills · smelting · ironworks · coalfields
layoffs
Mass job eliminations
- redundancyNeedless duplication
- unemploymentBeing without paid work
- displaced workersThose who lost positions
job losses · retrenchment · workforce reduction · retraining · joblessness · structural unemployment · labour market · severance · early retirement · job insecurity
structural change
Modification to core architecture
- economic transitionShift between economic systems
- service economySystem based on intangible work
- knowledge economySystem valuing expertise over manufacturing
economic restructuring · productivity · economic policy · growth model · wealth distribution · income inequality · austerity
- post-industrialservice economy, knowledge economy, service sector, information age, knowledge workers
- British EconomyBank of England, pound sterling, sterling, GDP, budget deficit
deindustrialisationindustrialisation
Transition to factory-based economy
industrialization · reindustrialisation · reindustrialization · industrial expansion · industrial development
deindustrialisationindustrialisation
Transition to factory-based economy
industrialization · modernisation · economic development · industrial revolution · mechanisation