WBCS.LIVE practice question

Which term describes the reduction of economic activity in a particular region due to high costs or other factors?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Deindustrialization
  2. Economic expansion
  3. Economic agglomeration
  4. Industrialization

Correct answer and explanation

Correct answer: Deindustrialization