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Acronyms that contain the term post-industrial economy
What does post-industrial economy mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: post-industrial economy.
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What does post-industrial economy mean?
- Post-industrial economy
- A post-industrial economy is a period of growth within an industrialized economy or nation in which the relative importance of manufacturing reduces and that of services, information, and research grows. Such economies are often marked by: A declining manufacturing sector, resulting in de-industrialization. A large service sector. An increase in the amount of information technology, often leading to an "information age". Information, knowledge, and creativity are the new raw materials of such an economy.The industry aspect of a post-industrial economy is sent into less developed nations which manufacture what is needed at lower costs (see outsourcing). This occurrence is typical of nations that industrialized in the past such as the United Kingdom (first industrialised nation), most of Western Europe and the United States.
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"post-industrial economy." Abbreviations.com. STANDS4 LLC, 2024. Web. 12 May 2024. <https://www.abbreviations.com/post-industrial%20economy>.
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