deindustrialization

verb (used with object), de·in·dus·tri·al·ized, de·in·dus·tri·al·iz·ing.

1. to cause to lose industrial capability or strength; make less industrial in character or emphasis.
2. to deprive (a conquered nation) of the means or potential for industrial growth.

verb (used without object), de·in·dus·tri·al·ized, de·in·dus·tri·al·iz·ing.

3. to lose industrial capability or character; become deindustrialized.

noun

1. the decline in importance of manufacturing industry in the economy of a nation or area

verb

1. (tr) to reduce the importance of manufacturing industry in the economy of (a nation or area)
2. (intr) (of a nation or area) to undergo reduction in the importance of manufacturing industry in the economy