| 单词 | declining industry |
| 释义 | declining industryDefinition An industry which experiences negative growth, or remains stagnant due to decline in demand of one or more of its products for varied reasons. This includes and is not limited to, a declining economy, downgrade or upgrade of a product, and changes in technology. For example, the audio cassette industry performed well until the introduction of compact discs, turning the audio cassette industry into a declining industry. |
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