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Essay Galaxy - The Internet and Its Affect On the Economy The Internet and Its Affect On the Economy

In the last five years, the businesses on the Internet have more than doubled, as shown in figure 1. Soon, it will represent the fundamental source for purchasing products and advertising businesses, and it will be prominent among homes as the primary technique of relaxing. As the usage of the Internet and the goods it provides increases, so does the need for industries providing Internet access to all the people of the world. Most of the firms providing the Internet to the people of the world are local Internet service providers, or ISP’s, as seen in figure 2. As the usage and demand of these ISP’s increase, the ISP industry is encountering many problems dealing with employment issues, inflation, externalities, employee training, and the distribution of income between the worker of each firm. Unemployment an....

Number Of Pages: 3 Number Of Words: 813

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