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WordNet-Online
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Definitions from the WebModern EconomyDescription:The modern economy refers to the system of production, distribution, and consumption of goods and services in present-day society. It incorporates various economic principles, technologies, and structures that shape the financial landscape globally. Examples:As a Noun:1. The modern economy heavily relies on advanced technology for efficient production and automation. 2. Globalization has transformed the modern economy into a highly interconnected network of markets and businesses. As an Adjective:1. The modern economy demands a diverse set of skills that adapt to ever-evolving industries. 2. The government initiated policies to promote innovation and drive growth in the modern economy. Related Products: | ||||
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