Deindustrialization
Peter Daniels
Abstract
Peter Daniels
Abstract
Deindustrialization represents a reversal of an earlier period of structural change in societies and economies that involved a shift from agrarian pursuits to industrial activities. In this sense it is the opposite of industrialization. The process has been widely observed in the advanced economies since the 1970s. Some of the causes of deindustrialization are considered, along with an illustration of its key attributes as measured by structural changes in employment in the advanced economies and, more recently, in the emerging economies.
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Deindustrialization represents a reversal of an earlier period of structural change in societies and economies that involved a shift from agrarian pursuits to industrial activities. In this sense it is the opposite of industrialization. The process has been widely observed in the advanced economies since the 1970s. Some of the causes of deindustrialization are considered, along with an illustration of its key attributes as measured by structural changes in employment in the advanced economies and, more recently, in the emerging economies.
Key concepts: Deindustrialization, Industrialisation, Agrarian society, Economics, Key (lock), Economy, Economic geography, Economic system