Which emerged after deindustrialization? free trade manufacturing-based economy oil surplus service-based economy stagflation

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01-03-2015
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Which emerged after deindustrialization? free trade manufacturing-based economy oil surplus service-based economy stagflation

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lrathburn lrathburn · Answer 1 · 2015-03-08T11:45:39-04:00

lrathburn lrathburn

08-03-2015

After deindustrialization, stagflation emerged. People moved out of the manufacturing and industrial cities and unemployment grew.

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ayokenny2001 ayokenny2001 · Answer 2 · 2022-05-13T06:04:16-04:00

Stagflation is what emerged after deindustrialization which result into unemplyement for people.

What is stagflation?

Stagflation refers to a period of slow economic growth and high unemployment. It is a mixture of fusty monetary development, high unemployment, and high inflation.

After deindustrialization, came stagflation whereas people were moving from job and increases unemployment.

Hence, Stagflation is what emerged after deindustrialization.

Learn more about stagflation here: https://brainly.com/question/14117973

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