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reindustrialization

[ree-in-duhs-tree-uh-li-zey-shuh n] /ˌri ɪnˌdʌs tri ə lɪˈzeɪ ʃən/
noun
1.
the revitalization of an industry or industrial society through government aid and tax incentives, modernization of factories and machinery, etc.
Origin of reindustrialization
re- + industrialization
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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