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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
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Recent Examples of reindustrialization from the Web
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The fracking boom prompted a renaissance of reindustrialization with opportunities for jobs in the energy, chemical and metals sectors.
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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. ...
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'reindustrialization'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of reindustrialization
1937
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