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Now, we live in a global economy, and one increasingly based on intellectual and social capital.
Instead, it explained that California "is the sixth or seventh-largest economy in the world... which is similar to ours in that it is a new economy increasingly based on heavy knowledge-based industries".
"We're changing from a blue-collar industrial city to one that makes different kinds of things now, with an economy increasingly based on craftspeople and artists and those in the green industries".
The world is increasingly based on wireless communication.
The result was that banks' assets ballooned, but were increasingly based on thin air.
"It is our impression that the themes have been increasingly based on conflicts.
Now it is increasingly based on who owns the best data.
Mr Naik says that hedge-fund returns have been increasingly based on beta in recent years.
"Opinions are increasingly based on momentary impressions and thus change ever more quickly.
Modern religion is pluralistic and increasingly based on choice.Often the spur is immigration.
Still, the search for building performance is increasingly based on the sustainability, safety and habitability.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com