Post-industrial_economy | TriviaQuestions.online

⭐ Core Definition: 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, and a large service sector as well as 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 through 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 in the context of New social movements

The term new social movements (NSMs) is a theory of social movements that attempts to explain the plethora of new movements that have come up in various western societies roughly since the mid-1960s (i.e. in a post-industrial economy) which are claimed to depart significantly from the conventional social movement paradigm.

There are two central claims of the NSM theory. First, that the rise of the post-industrial economy is responsible for a new wave of social movement and second, that those movements are significantly different from previous social movements of the industrial economy. The primary difference is in their goals, as the new movements focus not on issues of materialistic qualities such as economic wellbeing, but on issues related to human rights (such as gay rights or pacifism).

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⭐ Core Definition: Post-industrial economy
👉 Post-industrial economy in the context of New social movements
Post-industrial economy in the context of Post-industrial society

Post-industrial economy in the context of Post-industrial society

In sociology, the post-industrial society is the stage of society's development when the service sector generates more wealth than the manufacturing sector of the economy.

The term was originated by Alain Touraine and is closely related to similar sociological theoretical concepts such as post-Fordism, information society, knowledge economy, post-industrial economy, liquid modernity, and network society. They all can be used in economics or social science disciplines as a general theoretical backdrop in research design.

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Post-industrial economy in the context of "New social movements"

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⭐ Core Definition: Post-industrial economy

👉 Post-industrial economy in the context of New social movements

Post-industrial economy in the context of Post-industrial society