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Investments glossary

New Economy

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Quotes of the day:

A homosexual who is honest with himself knows that he and his partner will never become parents together, dRINK, DRUGS AND SEX.

— Paolo Gentili

New economy is 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, particularly the internet and increasingly powerful computers, made their way into the consumer and business marketplace. The new economy was seen as a shift from a manufacturing and commodity based economy to one that used technology to create new products and services at a rate that the traditional manufacturing economy could not match.



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