A particular dress manufacturer closes a factory in South Carolina and moves the factory to Malaysia,where labor costs are lower.This is an example of

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Quizplus · Accepted Answer

Deindustrialization refers to the decline in industrial activity in a region or country, often caused by the relocation of industries to areas with lower labor costs or other factors. In this case, the dress manufacturer relocating from South Carolina to Malaysia reflects deindustrialization in South Carolina. The other choices are not applicable in this scenario. Gentrification refers to the process of renovating and improving rundown urban neighborhoods, typically by the middle class. Downsizing refers to reducing the size or scale of an organization or business. Modernization refers to the adoption of new technology or methods in industry, often leading to increased efficiency and productivity.

A Particular Dress Manufacturer Closes a Factory in South Carolina