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reindustrialization

noun

re·​in·​dus·​tri·​al·​i·​za·​tion ˌrē-in-ˌdə-strē-ə-lə-ˈzā-shən How to pronounce reindustrialization (audio)
: a policy of stimulating economic growth especially through government aid to revitalize and modernize aging industries and encourage growth of new ones
reindustrialize verb

Example Sentences

Recent Examples on the Web This approach sits uneasily at best with a demand for reindustrialization. Robinson Meyer, The Atlantic, 13 July 2021 For all the animus against Trump the person, his agenda — tax cuts, deterrence, reindustrialization, middle-class job growth, closing the borders, the melting pot — is increasingly polling well. Victor Davis Hanson, National Review, 7 Feb. 2018 The fracking boom prompted a renaissance of reindustrialization with opportunities for jobs in the energy, chemical and metals sectors. Allen Dieterich-ward, Smithsonian, 8 June 2017 For companies ranging from giants like Bayer AG and Siemens AG to smaller players, low interest rates, rebounding consumer markets and U.S. reindustrialization are alluring enough to offset any trepidation.... Natascha Divac, WSJ, 19 Jan. 2017 The fracking boom prompted a renaissance of reindustrialization with opportunities for jobs in the energy, chemical and metals sectors. Smithsonian, 8 June 2017

Word History

First Known Use

1937, in the meaning defined above

Time Traveler
The first known use of reindustrialization was in 1937

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