deindustrialise
Shift from manufacturing
To deindustrialise is to reduce or dismantle the industrial capacity of a region or economy.
Manufacturing plants close, factory jobs disappear, and service sectors grow to fill the gap: The Midlands deindustrialised rapidly in the 1980s.
The process may happen through market forces, policy decisions, or both.
Also spelled deindustrialize.
Mass job eliminations
- redundanciesUnneeded duplications or repetitions
- joblessnessState without paid work
- unemploymentBeing without paid work
- displaced workersThose who lost positions
retraining · early retirement · severance · workforce reduction · job losses · wage stagnation · underemployment · vocational programs
System based on intangible work
- knowledge economySystem valuing expertise over manufacturing
- financializationCapital sector's economic dominance
- information agePeriod defined by data access
- creative industriesArts-focused economic fields
gig economy · education sector · call centers · digital economy
Industrial decay zone
- northern EnglandUpper part of the country
- DetroitMichigan automotive hub
- PittsburghWestern Pennsylvania industrial city
- SheffieldSouth Yorkshire manufacturing city
Lille · Donbas · Manchuria · urban decay · suburban sprawl · ghost towns · depopulation · economic migration
Manufacturing facilities ending operations
- plant shutdownsPermanent factory operation halts
- manufacturing declineLoss of factory output
- rustbeltIndustrial decay zone
- brownfieldsPolluted ex-industrial land
Removing governmental business restrictions
- tariff reductionDecrease in import taxes
- privatizationState sells public assets
- free trade agreementsTreaties lowering barriers between nations
- carbon taxLevy on fuel combustion
environmental regulation · subsidy cuts · import quotas · emission standards · labor laws · tax incentives · enterprise zones · neoliberalism
layoffs
Mass job eliminations
- redundanciesUnneeded duplications or repetitions
- joblessnessState without paid work
- unemploymentBeing without paid work
displaced workers · retraining · early retirement · severance · workforce reduction · job losses · wage stagnation · underemployment · vocational programs
service economy
System based on intangible work
- knowledge economySystem valuing expertise over manufacturing
- financializationCapital sector's economic dominance
- information agePeriod defined by data access
creative industries · gig economy · education sector · call centers · digital economy
rustbelt
Industrial decay zone
- northern EnglandUpper part of the country
- DetroitMichigan automotive hub
- PittsburghWestern Pennsylvania industrial city
Sheffield · Lille · Donbas · Manchuria · urban decay · suburban sprawl · ghost towns · depopulation · economic migration · regeneration
factory closures
Manufacturing facilities ending operations
- plant shutdownsPermanent factory operation halts
- manufacturing declineLoss of factory output
- rustbeltIndustrial decay zone
deregulation
Removing governmental business restrictions
- tariff reductionDecrease in import taxes
- privatizationState sells public assets
- free trade agreementsTreaties lowering barriers between nations
carbon tax · environmental regulation · subsidy cuts · import quotas · emission standards · labor laws · tax incentives · enterprise zones · neoliberalism
deindustrialiseindustrialise
Develop large-scale manufacturing
industrialize · reindustrialise · reindustrialize · mechanise · mechanize