The Third Industrial Revolution is characterized by ________.
A) wealth being linked to the means of production
B) mass production
C) a knowledge and service economy
D) hierarchical organizations

Question

Quizplus · Accepted Answer

The Third Industrial Revolution is characterized by a shift towards a knowledge and service-based economy, rather than mass production or a focus on the means of production. This is typified by the development of new technologies and industries that rely less on physical manufacturing and more on technology, innovation, and services. Hierarchical organizations may still exist in this context, but they are not a defining characteristic of the Third Industrial Revolution.

The Third Industrial Revolution Is Characterized by ________