post industrial economy

• a post industrial economy is one where manufacturing industry declines to be replaced by growth in the service sector and the corresponding development of the quaternary sector
• the use of IT has transformed the way that people live and work. it is one of the main factors in the UK's move to a post industrial economy
• the IT industry in the UK is worth 58 billion pounds a year
• over 1.3 million people work in the IT sector
• internet access enables people to work from home and to communicate with each other instantly across the world
• the service sector makes up three quarters of the UKs economy, and services can include healthcare, IT support and entertainment
• finance is an important part of the service sector, in the UK, these types of jobs include accountancy, working in banks and building societies, financial planning, insurance and investments
• the UK research sector employs over 60,000 highly qualified people and is estimated to contribute over 3 billion pounds to the UK economy
• the UK has the largest mobile phone device market in europe, with around 80 million mobile phone subscriptions, and is worth an estimated 14 billion a year