What is another word for deindustrialize?
Pronunciation: [de͡ɪndˈʌstɹɪəlˌa͡ɪz] (IPA) 
Deindustrialize, the process of moving away from industrial production, has various synonyms such as downsizing, offshoring, and outsourcing. Downsizing refers to the reduction of workforce or the decrease in the number of goods produced. Offshoring refers to the transfer of work to another country where labor is cheaper or where taxes and regulations are more lenient. Outsourcing means the hiring of a third-party company to handle a part of a business process. Another synonym for deindustrialize is automation. Automation refers to the use of technology to replace human workers, making production more efficient but reducing the need for employees in the manufacturing process. These synonyms for deindustrialize have various implications for the economy and employment opportunities.
