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information economy

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A term describing the growing reliance of firms on the Internet in the 1990s. Some have argued that firms' speedier and wider access to information has led to significant gains in productivity.

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QUIZ YOURSELF ON "WAS" VS. "WERE"!

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Question 1 of 7
“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.

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The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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