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 Declining industries

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nandakishor
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nandakishor

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Join date : 2010-04-22
Age : 39
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PostSubject: Declining industries   Declining industries I_icon_minitimeTue May 04, 2010 3:06 am

Historically certain manufacturing industries have gone into a decline due to various economic factors, including the development of replacement technology or the loss of competitive advantage. An example of the former is the decline in carriage manufacturing when the automobile was mass-produced.

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