New Paradigm
In the investing world, a totally new way of doing things that has a huge effect on business. Investopedia Says:
The word "paradigm" is defined as a pattern or model, and it has been used in science to refer to a theoretical framework.
The term "new paradigm" was overused during the dotcom boom years. Anything and everything involved with the Internet was described as a "new paradigm" or a "paradigm shift." Related Terms:
Creative Destruction
Dot-Com
Eclectic Paradigm
New Economy
Old Economy
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