NEW ECONOMICS
\njˈuː ˌiːkənˈɒmɪks], \njˈuː ˌiːkənˈɒmɪks], \n_j_ˈuː ˌiː_k_ə_n_ˈɒ_m_ɪ_k_s]\
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This specific term is for the recent economic transition to a dependency on technology, its advancement, and information exchange. Information technology (IT) increasingly connects this the new business environment. Industry-accepted to have begun in the 1990s. Also known as new economy.
By Henry Campbell Black
