When a corporation in the U.S.relocates its plants to a country where prevailing wages are lower than in the U.S. ,this is the final stage of

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Deindustrialization refers to the reduction in industrial activity in a region or country, often due to relocation of factories to countries with lower labor costs. The relocation of plants to countries with lower prevailing wages is a clear example of deindustrialization.

When a Corporation in the U