Discuss deindustrialization and its consequences and the relationship between deindustrialization and the emergence of local economic development planning|My homework helper

Posted: March 15th, 2023

Please I want you to write about two questions in the form of text, and each answer should have 1000 words, cited, double space.

#Q1: Discuss deindustrialization and its consequences
and the relationship between deindustrialization and the emergence of local economic
development planning. Your answer should be comprehensive by integrating information from the readings, and lectures.

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There are 3 files to answer this question and use only these sources (these sources about the Emergence of Local Economic Development Planning)

#Q2: How and why do free markets often not work the
way they are supposed to (i.e., market failures)? Provide some examples. Your answer should be comprehensive by integrating information from the readings, and lecture.

There are 4 files to answer this question and use only these sources (these sources about Capitalist Markets and the Concept of Market Failures)

SOLUTION

Deindustrialization refers to the decline or elimination of industrial activities in a particular region, leading to the loss of manufacturing jobs and industries. Deindustrialization can be caused by various factors such as globalization, technological advances, and changes in consumer preferences. The consequences of deindustrialization are numerous and can have long-term economic, social, and political impacts on affected regions.

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