Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

Old Economy

Old Economy Definition

Old Economy describes industries that experienced a high growth rate in the first part of the 20th century as industrialization expanded. Old economy includes energy, steel, and automobile manufacturers. These industries have slowed down with the advent of technology companies. Old economy is still relevant, these companies represent a significant proportion of GDP.

RELATED CATEGORIES
Economy




Submit a Definition



Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z