Question

Which emerged after deindustrialization? Select one of the options below as your answer. A. free trade B. manufacturing-based economy C. oil surplus D. service-based economy E. stagflation

Answer 1

For plato users, the correct answer is D. service-based economy

Answer 2

Deindustrialization is the opposite of industrialization. It is a decline in industrial activity in a region or economy and it is a step backwards in the growth of a society's economy. After deindustralization stagflation emerged. Stagflation is an economic stagnation, a condition of slow economic growth and unemployment.