Economic Transition

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  • 1 Types
Definitions
Deindustrialization
Deindustrialization Industrial Decline Economic Transition Globalization Technological Change Economic Factors Manufacturing Industry Economic Geography
Deindustrialization refers to the decline or elimination of industrial activity in a region or economy, often due to technological advancement, economic factors, and globalization. This phenomenon has impacted various industrial sectors, including steel, automotive, and electronics in the United States.
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Definitions
Mature Economy
Mature Economy Economic Growth Consumer Spending Stabilized Population Declining Population Economic Transition
A mature economy refers to the economy of a nation whose population has stabilized or is declining and whose economic growth is no longer robust.
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