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The Internet And Its Affect On The Economy

Beginning of Essay
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 o ....

Middle of Essay
.... and infrastructure of the World Wide Web will easily be able to receive a well-paying job. In other words, the Internet service providing industry is playing a large part in helping the US economy reach full employment, meaning that the cyclic unemployment is approaching zero. Although it seems the industry is very secure because it is in a full employment situation now, this does not mean that there is a very low amount of unemployment. According to many economists, there are three types of unemployment: frictional, structural, and cyclical. Frictional unemployment occurs when the rate of people changing jobs is high. The second kind of unemploy ....

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