Welcome to the 1520 Perfect Dictionary
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| New economy | |
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| NEW ECONOMY Definitions: i. The new economy is the result of the transition from a manufacturing-based economy to a service-based economy. [This particular use of the term was popular during the dot-com bubble of the late 1990s.] ii. A buzzword describing new, high-growth industries that are on the cutting edge of technology and are the driving force of economic growth. [The new economy is commonly believed to have started in the late 1990s, as high tech tools, such as the internet, and increasingly powerful computers, began penetrating the consumer and business marketplace.] iii. The postindustrial world economy based on internet trading and advanced technology. ______________________________________________________________________ * All eight elements would be in. 1. Thought purposeful and necessary. 2. Its origin or history is traceable. 3. Its tools are based on new technology. 4. Focuses more on improved processes and best practices rather than increased quantity. 5. Processes are environmentally-friendly. 6. Time-saving will be a major highlight. 7. Outcome is better than those of old. 8. Achieves goal(s); better lifestyle. ______________________________ See perfect NEW TECHNOLOGY. See perfect ECONOMIC GROWTH (1). See perfect BRAVE NEW WORLD. Quote: "We have to do the best we can. This is our sacred human responsibility". - Albert Einstein. Quote: "An investment in knowledge pays the best dividends". - Benjamin Franklin. | |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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