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Apost-industrial economy is a period of growth within anindustrializedeconomy or nation in which the relative importance ofmanufacturing reduces and that of services, information, and research grows.[1]
Such economies are often marked by a declining manufacturing sector, resulting inde-industrialization, and a largeservice sector as well as an increase in the amount ofinformation technology, often leading to an "Information Age";information,knowledge, andcreativity are the newraw materials of such an economy. The industry aspect of a post-industrial economy is sent into less developed nations which manufacture what is needed at lower costs throughoutsourcing. This occurrence is typical of nations that industrialized in the past such as theUnited Kingdom (first industrialised nation), most ofWestern Europe and theUnited States.
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