Generally, the term Knowledge Society refers to any society where knowledge is the primary production resource instead of capital and labour. It may also refer to the use a certain society gives to information. A Knowledge society "creates, shares and uses knowledge for the prosperity and well-being of its people".
Knowledge societies have the characteristic that knowledge forms a major component of any human activity. Economic, social, cultural, and all other human activities become dependent on a huge volume of knowledge and information. A knowledge society is one in which knowledge becomes a major creative force.
Knowledge societies are not a new occurrence. For example, fishermen have long shared the knowledge of predicting the weather to their community and this knowledge gets added to the social capital of the community.
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