Three features of an industrial society are:
i) basically, a service economy, e.g. trade;
ii) dominance of professionals and technicians; and
iii) vast scientific knowledge.
In post-industrial society, agriculture and manufacturing do not absorb a majority of the work force. Services and trade are the major avenues of employment and the governments are major employers. A new intellectual technology will be crucial to post-industrial society. It is not the machine technology of the modern age. Intellectual technology comprises management and other techniques needed to organise. Vast use of computers and super computers and new mathematics is crucial. The theoretical knowledge has a crucial value. Scientific knowledge along with mathematics based social science become very significant. In fact a shortage of scientifically trained professionals is felt. In providing this need universities gain a great deal of importance.