What does "deindustrialization" mean?

A decrease in industrial activity or capacity.

Deindustrialization

Common synonyms include: industrial decline, manufacturing decline, manufacturing decline in regions, more industrial revolution.

noun

noun ·Rare ·Advanced level

Noun

1
A decrease in industrial activity or capacity. countable, uncountable
"The U.K. is now an object lesson for other countries dealing with a dark triad of deindustrialization, degrowth, and denigration of foreigners."

"In Japan, also, deindustrialization is happening."

From de- + industrialization or deindustrialize + -ation.