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
. A large service sector. An increase in the amount of information technology, often leading to an “information age”.
What are the characteristics of industrial economy?
Characteristics of industrialization include
economic growth, the more efficient division of labor, and the use of technological innovation to solve problems
as opposed to dependency on conditions outside of human control.
What are the characteristics of a postindustrial society?
Postindustrial society, society marked by
a transition from a manufacturing-based economy to a service-based economy
, a transition that is also connected with subsequent societal restructuring.
What is an example of postindustrial economy?
Post-industrialization exists in
Europe, Japan
, and the United States, and the U.S. was the first country with more than 50 percent of its workers employed in service sector jobs. A post-industrial society not only transforms the economy; it alters society as a whole.
What are the 5 major features of a postindustrial society?
- People work with other people to deliver a service: …
- Transformation of working class to professional middle class: …
- Emergence of knowledge elites: …
- Growth of multiple networks: …
- Divide in society: …
- He (1982) has explained the division of society in the following words:
How are society and culture interlinked with one another?
Culture and society are intricately related. A culture consists of the “objects” of a society, whereas a society consists of the people who share a common culture. When the terms culture and society first acquired their current meanings, most people in the world worked and lived in small groups in
the same locale
.
How did society transform through time?
Through time, societies have been transformed from
small associations of individuals tied together by instincts, need, and fear
, to small communities tied together by circumstances, kinship, traditions, and religious beliefs, to nations tied together by history, politics, ideology, culture, and laws.
What is the role of industrialization in economic development?
Role of industrialization in economic development
It
increases the national income of the country
. When industrial production increase that increase exports and revenues of the government. It generates new employment opportunities. … Industrialization increases the supply of goods for internal and external markets.
What are the 5 factors of industrialization?
Factors that influence industrialization include
natural resources, capital, workers, technology, consumers, transportation systems, and a cooperative government
.
What is the importance of Industrialisation?
In the interest of economy, rapid industrialization is
important for generating employment opportunities
, utilization of all types of resources, promotion of education, training and research, improving the productivity of labor and balanced regional development.
Do we still live in a capitalist society?
The United States is a capitalist society where means of production are based on private ownership and operation for profit. The United States
is not a totally capitalist society
, however, because the economy has regulations, taxation, and some subsidization.
What are the advantages of living in before post-industrial society?
Answer: The advantages of living in before post-industrial/technological society are: – Communities before post-industrial/technological society
formed close relationships such as tribes for survival
.
What is the postindustrial economy of the United States?
A phrase that describes
the shift of some major industrial economies in the late twentieth century away from producing goods and toward producing services
.
What is the most important commodity in a post-industrial society?
Postindustrial societies, also known as information societies, have evolved in modernized nations. One of the most valuable goods of the modern era is
information
. Those who have the means to produce, store, and disseminate information are leaders in this type of society.
Examples of formal social control include
the government
. The government uses laws and courts to exercise social control. The government tries to protect those following the rules and capture and punish those who do not. Governmental social control goes beyond the legal system.
What happens in a 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 economy undergoes a transition from the production of goods to the provision of services.
