The systematic widespread withdrawal of investment in basic aspects of productivity such as factories and plants are called______________?
Correct answer: C. deindustrialization
- A. post industrialization
- B. downsizing
- C. deindustrialization
- D. "banana time"
Explanation
Deindustrialization means the systematic decline or withdrawal of investment from manufacturing capacity such as factories and plants. Downsizing usually refers to reducing an organisation’s workforce, while post-industrialisation describes a broader shift toward services.
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