_____ is a process of social and economic change resulting from the reduction of industrial activity, especially manufacturing.

Question

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Deindustrialization is a process in which there is a decline in the contribution of manufacturing industries to a country's gross domestic product (GDP) and employment opportunities. This phenomenon is often accompanied by the closure of factories, loss of jobs, and a shift towards service-based economies. Deindustrialization can occur for several reasons, including technological advancements, changes in consumer preferences, and globalization. Offshoring, which involves the relocation of a company's production facilities to another country, is one of the consequences of deindustrialization. Remanufacturing, retrofitting, and gentrification are unrelated to this particular process.

_____ Is a Process of Social and Economic Change Resulting