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.
Read more: Old Economy Definition | Investopedia http://www.investopedia.com/terms/o/oldeconomy.asp#ixzz3mS9k5JMV
Follow us: Investopedia on Facebook