Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “the new economy”

the new economy

noun [S]
 
 
ECONOMICS
activities based on knowledge and information, rather than traditional industries such as manufacturing: Software and electronic equipment have been the drivers of the new economy. → Compare the old economy
(Definition of the new economy from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of the new economy?
Add Cambridge dictionaries to your browser to your website

Word of the Day

aptitude

a natural ability or skill

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More