Old Economy
Definition of 'Old Economy'A term for the old blue chip industries that enjoyed fabulous growth during the early parts of the century as industrialization around the globe, and particularly in the United States, expanded. Since the new economy has arrived, old economy companies have still experienced growth, but at a declining rate. |
|
Investopedia explains 'Old Economy'The old economy contrasts with the new economy, where technological innovation is key. Although old economy firms have been changed dramatically by technology, there is a limit to how much technology can continue to improve the industry.Industries that are commonly considered to be involved in the old economy are energy, steel, and automobile manufacturers. |
Related Definitions
Articles Of Interest
-
How Dividends Work For Investors
Find out how a company can put its profits directly into your hands. -
What's the difference between old- and new-economy stocks?
Old-economy stocks represent large, well-established companies that participate in more traditional industry sectors and have little investment or involvement in the technology industry. These ... -
6 Popular ETF Types For Your Portfolio
Exchange traded funds are an extremely popular diversification tool that can protect your portfolio during troubled periods. -
Build A Dividend Portfolio That Grows With You
Balance risk and return to produce adequate income despite inflation. -
Which Mutual Fund Market Cap Suits You?
Different funds invest in companies with different market caps. Find out which is right for you. -
Understanding Small- And Big-Cap Stocks
If you don't realize how big small-cap stocks can be, you'll miss some good investment opportunities. -
Finding Undiscovered Stocks
Wall Street tends to focus on large cap stocks, leaving other stocks under-followed and undervalued. -
Build A Model Portfolio With Style Investing
This sophisticated approach will add flair to your returns. -
Market Capitalization Defined
Find out the differences between mega-, large-, mid- and small-cap stocks and how each suits different investing styles. -
Small Caps Boast Big Advantages
Find out why little companies have the greatest potential for growth.
Free Annual Reports