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About: Asset-based economy     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Whole100003553, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: populated placeyago:WikicatCapitalistSystemsyago:Artifact100021939yago:Instrumentality103575240yago:Object100002684yago:PhysicalEntity100001930yago:System104377057yago:Whole100003553 New Facet based on Instances of this Class

The asset-based economy is a post-industrial macroeconomic state of capitalism in which growth is based largely on appreciation of equity assets, typically financial instruments such as stocks, as well as real estate. The term has been applied, often in a derogatory sense, to the economic conditions in the United States in the 2000s, during the recovery from the bursting of the dot-com bubble.