reindustrialization
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re·in·dus·tri·al·i·za·tion

noun \ˌrē-in-ˌdəs-trē-ə-lə-ˈzā-shən\

Definition of REINDUSTRIALIZATION

: a policy of stimulating economic growth especially through government aid to revitalize and modernize aging industries and encourage growth of new ones
re·in·dus·tri·al·ize \-ˈdəs-trē-ə-ˌlīz\ verb

First Known Use of REINDUSTRIALIZATION

1968

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