First, life in a declining industry can be fine.

首先，一个衰落行业中的生活可能会很棒。

youdao

As in any declining industry, there are powerful incentives to seek shelter in economies of scale.

就像任何一个正在衰退的产业，在规模经济中寻求庇护，他们往往具有很强的动力。

youdao

With the evolution of the industrial structure, the appearance of the declining industry is unavoidable.

随着产业结构的演化，衰退产业的出现不可避免。

youdao

As in any declining industry, there are powerful incentives to seek shelter in economies of scale.

ECONOMIST: Industrial dairy farming

It will face periods of declining industry growth, when its stock will drop dramatically.

FORBES: Zynga's a Real Company But Here Is the Big Risk

The boss of a firm in a stable or declining industry should probably not be paid in the same way as one in a fast-growing high-tech market.

ECONOMIST: Bosses' pay