What is another word for the new economy?

Pronunciation: [ðə njˈuː ɪkˈɒnəmi] (IPA)

The concept of "the new economy" has evolved over time. It is often used to describe the shift towards a more technology-driven and knowledge-based economy characterized by innovation, globalization, and competitiveness. Other synonyms for "the new economy" include the digital economy, the knowledge economy, the global economy, the creative economy, and the innovation economy. These terms reflect the changing nature of work and the economy, where traditional manufacturing and service jobs are being replaced by technology-intensive and creative jobs. With the growing importance of digital technologies, artificial intelligence, and data analytics, it is becoming increasingly important to adapt to the new economy and acquire new skill-sets.

What are the hypernyms for The new economy?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    global economy, service economy, knowledge economy, sharing economy, digital economy, information economy, NETWORK ECONOMY, Blockchain Economy, Collaborative economy, On-Demand Economy, Platform economy.

What are the opposite words for the new economy?

The new economy refers to the shift towards technology-driven industries and a globalized marketplace. Its antonym could be the old economy, which is characterized by traditional industries such as farming and manufacturing, and a more localized economy. Another antonym for the new economy could be the stagnant economy, which is characterized by slow growth, high unemployment rates, and limited innovation. Additionally, the closed economy could be considered an antonym for the new economy, representing economies that are more focused on domestic trade barriers and protectionism rather than participation in the global marketplace. Overall, the antonyms for the new economy represent a shift backwards towards a less technologically-driven and more traditional economic model.

What are the antonyms for The new economy?

Famous quotes with The new economy

  • In the new economy, information, education, and motivation are everything.
    William J. Clinton
  • Kids need to be equipped for that. They need to learn to use that technology to keep the new economy going.
    Dennis Moore
  • To think that the new economy is over is like somebody in London in 1830 saying the entire industrial revolution is over because some textile manufacturers in Manchester went broke.
    Alvin Toffler
  • Knowledge networks will transform the global economy. They will change the way we think, learn and work. In the new economy your network should be at the heart of your strategy.
    Med Jones
  • The great benefits reaped by the new economy in the coming decades will be due in large part to exploring and exploiting the power of decentralised and autonomous networks.
    Kevin Kelly (editor)

Related words: new economy, emerging trends, future of work, future of the economy, future of the new economy, future economy

Related questions:

  • What is the new economy?
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