De-industrialization is a term used to describe the shift away from an industrial economy like that of the 1950s and 1960s.

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De-industrialization refers to the process of social and economic change caused by the removal or reduction of industrial capacity or activity in a country or region, especially heavy industry or manufacturing industry. This term is often used to describe the shift from an economy dominated by manufacturing and industrial jobs, like those prevalent in the 1950s and 1960s, to one characterized by an increase in service-oriented jobs.

De-Industrialization Is a Term Used to Describe the Shift Away