Information Industry
An industry that is information intensive in one way or the other
Real World Example
During the Postwar Boom from 1946-1960, the information industry began to gain importance as the economy transitioned from manufacturing to services. This period saw the rise of new technologies like television and computers, which required more information processing and distribution. The information industry responded to the growing need for better communication and data management in businesses and households. Today, this industry remains crucial as we rely on digital technologies for everything from social media to online learning. For example, when you use a smartphone to access the internet or communicate with friends, you're participating in the information industry, which continuously shapes how we connect and share information.
