Definition of new economy in English:

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new economy

Entry from US English dictionary


New industries, such as biotechnology or the Internet, that are characterized by cutting-edge technology and high growth.
Example sentences
  • Again the new economy of computers and internet technology is seen as the new driving force behind wealth creation in the States.
  • A nostrum of the new economy is that new technology allows us to use less energy.
  • What effect has the advent of the new economy and the internet had on your thinking and on marketing?

For editors and proofreaders

Syllabification: new e·con·o·my

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