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Q: What is an important characteristic of the postindustrial economy?
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What is an important characteristic of a postindustrial economy?

The focus is on ideas instead of physical products.


What is a synonym for postindustrial?

Postindustrial: of or relating to an economy that no longer relies on heavy industry.


What concept refers to an economy based on computer technology?

postindustrial economy


How would you use postindustrial in a sentence?

Postindustrial is a word composed of two parts. Post means past or after, and industrial means relying on factories and other industrial processes. So it means any economy that no longer relies mainly on industry.Our country has a postindustrial economy.Postindustrial America is a world leader.


What Focus on ideas instead of physical products is central to which type of economy?

It’s actually postindustrial-apex


What group of Americans does the author characterize as being the fallout of the postindustrial economy?

The author characterizes working-class White Americans as being the fallout of the postindustrial economy, facing job losses, economic instability, and social dislocation due to the decline of manufacturing industries and the rise of automation and globalization.


Is Singapore a postindustrial country?

singapore is not a postindustrial country


What characteristic of the American frontier continues to be an important part of life in the US today?

A predominantly agricultural and mining economy.


What describes a characteristic of the north economy?

Industrialization is a characteristic that describes the North's economy. Factories and railroads helped to build the economy in North America.


How are the service industry and postindustrial economy related?

Post-industrial means that it passes through, or dodges, a phase of society predominated by a manufacturing based economy and moves on to a structure of society based on the provision of information, innovation, finance, and services.


What is the characteristic of a centrally planned economy?

One characteristic of a centrally planned economy is a steady money supply that is backed usually by gold or silver. This economy is moderated by the state in order to control availability.


What are the features of Indian economy?

The nature and basic characteristics of the Indian economy are hallmarked by and overall low per capita income. Other important characteristics are overpopulation, unemployment, and price instability.