As service industries and information technologies increase, heavy industry declines, prompting some analysts to refer to Western nations as __________.

Question

Quizplus · Accepted Answer

As heavy industry declines and service industries and information technologies increase, many Western nations have shifted towards postindustrial economies. This term refers to a stage of economic development after industrialization, where there is a greater emphasis on knowledge-based and service-oriented activities. Therefore, option A is the best choice.

As Service Industries and Information Technologies Increase, Heavy Industry Declines