GEOG 1HB3 Lecture Notes - Lecture 47: Deindustrialization, Niche Market
7 Apr 2018
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Reindustrialization: development of new industrial activities in region that experienced loss of traditional industrial activity, small, niche market producers, high tech and research printed industries, highly skilled. Example: rim in waterloo, mcmaster innovation park in west hamilton. Industrialization: an economic transformation over the past 50 years, in places such as south korea, Mexico, brazil, china, etc. plus many smaller and even less developed economies: key issue, containerization, tncs and brand plants, prosperity. Secondary (industrial) to tertiary (services): shift to a post-industrial" society. Re-shaped what people do every day and; Shift to a post-industrial society: economic restructuring.
