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:
The industry aspect of a post-industrial economy is sent into less developed nations which manufacture what is needed at lower costs. This occurrence is typical of nations that industrialized in the past such as the United Kingdom, most of Western Europe and the United States.
