deindustrialization

Manufacturing sector decline

Deindustrialization is the decline of manufacturing and heavy industry in a region or economy.

Factories close, industrial jobs disappear, and the economic base shifts toward services or other sectors.

The term often carries connotations of urban decay, job loss, and social disruption: Deindustrialization hollowed out the Rust Belt.

The process may result from automation, globalization, or deliberate policy choices.

urbandecay

blight

Plant disease causing decay

vacancy · brownfields · population loss · depopulation · urban renewal · demolition · neighborhood decline

globalization

outsourcing

Third-party task delegation

tariff reduction · World Trade Organization · multinational corporations · comparative advantage · neoliberalism · economic restructuring · market expansion · trade deficit · cheap labor · relocation

employment

unemployment

Being without paid work

workforce reduction · blue-collar · retraining · underemployment · manufacturing decline · redundancy · downsizing · severance · displaced workers · job losses

rustbelt

Detroit

Michigan automotive hub

Youngstown · Buffalo · Akron · Toledo · Bethlehem · steel mills · foundries · smokestacks · Great Lakes · factory towns

automation

robotics

Automaton design field

computerization · productivity gains · smart factories · efficiency gains

Categories
Opposites
industrial economic trajectory

deindustrializationindustrialization

Transition to factory-based economy

reindustrialization · industrial growth · industrial development · manufacturing boom · economic growth

economic development phase

deindustrializationindustrialization

Transition to factory-based economy

industrial revolution · industrialism · modernization · economic development · mechanization

economic development strategy

deindustrializationindustrial policy

Government guidance of production

import substitution · protectionism · mercantilism · economic nationalism · reshoring

Family

industry, industrial, industrious, industriousness, industrialization, industrialize, postindustrial, deindustrialize, reindustrialize

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Negative · Rated G