159k views
3 votes
Areas that once had vast economic growth and large amounts of industry, but are now suffering from the effects of outsourcing are going through a period of:_____________.

1 Answer

1 vote

Answer:

de-industrialization

Step-by-step explanation:

Deindustrialization refers to the phase of social and economic event caused by the elimination or decrease of industrial base or operation in a region or country, in particular of manufacturing industries or mining. It's the reverse of being industrialised.

It is the opposite of industrialization. Deindustrialization usually happens as it is no longer profitable for a specific industrial activity. It's a phase in which industrial development is eliminated or decreased in a country or area due to a major social or economic transition.

User Rodrigo Bastos
by
8.9k points