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Post-industrial society
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A post-industrial society is a society in which an economic transition has occurred from a manufacturing based economy to a service based economy, a diffusion of national and global capital, and mass privatization. The prerequisites to this economic shift are the processes of industrialization and liberalization. This economic transition spurs a restructuring in society as a whole. Post-industrial society is a concept in sociology describing a certain stage of society's development when the service sector generates more wealth than the manufacturing sector of the economy.
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Post-industrial society is a concept in sociology describing a certain stage of society's development when the service sector generates more wealth than the manufacturing sector of the economy. A post-industrial society is a society in which an economic transition has occurred from a manufacturing based economy to a service based economy, a diffusion of national and global capital, and mass privatization. The prerequisites to this economic shift are the processes of industrialization and liberalization. This economic transition spurs a restructuring in society as a whole.