reindustrialization

Use Reindustrialization in a sentence

reindustrialization

[ree-in-duhs-tree-uh-li-zey-shuhn]
noun
the revitalization of an industry or industrial society through government aid and tax incentives, modernization of factories and machinery, etc.

Origin:
re- + industrialization

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
Reindustrialization employs three mechanisms: contracting, bartering, and leasing.
Reindustrialization is essential to the success of the region in finding jobs to replace those being lost through downsizing.
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