Question

What do you understand by the term post-industrial society ? Discuss. Answer in about 500 words. for ignou asure ans

Answer 1

A number of factors were happening on the ground level which had to be taken cognisance of Firstly the manufacturers adopted an international strategy of moving some elements of production overseas taking advantage of cheaper labour, antiunion policies and establishing export processing or free trade zones. This strategy was particularly dramatic in the case of electronics and textile industries where a phenomenal growth was seen in the previous years.


Secondly there had been a rapid growth in the service sector of the economy. This sector comprises transportation, public utilities, wholesale and retail trade, finance, insurance, real estate, government, business and personal services. From 1970 to 2000 service sector jobs more than doubled from 49 to 102 million. In contrast employment in the goods producing industry increased only by 15 per cent.