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GOODS PRODUCING ECONOMY
An economy whose central method of capital accumulation is the manufacture of goods for consumers (televisions), for public consumption (trains) or for private economic use (robots for building cars). It has been claimed for several years that western societies have passed through this goods producing, or industrial, stage and have now entered a new economy founded on the delivery of services and the production and dissemination of knowledge. See: SERVICE ECONOMY / .

Last updated 2002--0-9-

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Athabaca University ICAAP

© Robert Drislane, Ph.D. and Gary Parkinson, Ph.D.
The online version of this dictionary is a product of
Athabasca University and
ICAAP

*This social science dictionary has 1000
entries covering the disciplines of sociology, criminology, political
science and women's study with a commitment to Canadian examples and
events and names