Nobody downloaded yet

The economic impacts of the Internet - Research Paper Example

Comments (0) Cite this document
Summary
This paper talks about the revolutionary impact of the Internet on the economy of the United States. With various quantitive and qualitative research methods, this economic impact is evaluated. It is argued, that the influence of the Internet on economy is real and measurable…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
The economic impacts of the Internet
Read TextPreview

Extract of sample "The economic impacts of the Internet"

Download file to see previous pages Literature review The concept of computer networking was first launched in the late 1950s. The event that led to the need of a decentralized computer network was Soviet Union’s launch of Sputnik during the Cold war. It was the first artificial satellite. In order to compete with Soviet Science, the US Congress established the ARPA (Advanced Research Project Agency). It was “equipped with generous funds and a mandate to explore cutting-edge science and technology, and was to play a key role in the Internet’s development.” (History of Computers and the Internet, n.d., p.45) With the growing tension of the Cold War the computer system as storage of commands and controls was no more reliable because of its centralized design. The Rand Corporation developed a new networking technology called packet-switching for creating decentralized network, one that can survive even if a portion of it is destroyed by the enemy. This concept means messages are divided into packets which are small sized units. These packets contain all the information about the data and can reach their destinations by traveling more than one path. In 1968, a small scale ARPANET network was created by Bolt, Beranak and Newman. Initially ARPANET created connection between only four computers situated in California and Utah. During that time, there were only 20 users. Today the Internet is used by millions all over the world (History of Computers and the Internet, n.d., pp.45-46). From ARPANET came the Internet protocol (IP) which allows messages to be transmitted by routers. Routers are “computer nodes acting as mail sorters.” The IP address decides the best path for a package to travel towards its destination. Later on domain names were introduced which...
This research paper focuses on the subject of understanding, appreciating, and analyzing the unique ways that The Internet has fundamentally reshaped our world.
The revolution that the Internet has provided spans across nearly each and every layer of available knowledge and information that one can hope to engage with.
This paper uses research materials to discuss the economic impacts of the Internet and broadband services.
There is great impact of technologies based on The Internet on the business and economy of any nation. Since the invention of the Internet almost four decades ago, it has been a constant source of all kinds of information ranging from entertainment, news, financial and academic. It has helped in creating and maintaining close bonds between friends and strangers from different corners of the world through email services, instant messaging, video conferencing and social networking.
The Internet has also provided the facility of online shopping that enables customers to buy the desired products and services by a click of the mouse. Manufacturers can also get information regarding market demand trends from the Internet. Online tools that guide in productivity and communications are extremely beneficial to government and other enterprises. The Internet has helped the government to more efficiently assess the needs of the public and thus can provide improved delivery of services
Since the advent of the Internet, governments have realised the potential of its services on the business economic and communities.
...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The economic impacts of the Internet Research Paper”, n.d.)
Retrieved from https://studentshare.org/sociology/1404174-the-economic-impacts-of-the-internet
(The Economic Impacts of the Internet Research Paper)
https://studentshare.org/sociology/1404174-the-economic-impacts-of-the-internet.
“The Economic Impacts of the Internet Research Paper”, n.d. https://studentshare.org/sociology/1404174-the-economic-impacts-of-the-internet.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The economic impacts of the Internet

The Economic Impacts of Major Sporting Events

...? The Economic Impacts of Major Sporting Events A Discussion Paper Economists are currently at odds with regard to the actual impact of major sporting events on the local economies of hosting cities, communities, or countries. This disagreement arises from the fact that there is no single, best method to carry out economic impact analysis. There are disagreements as well about the relevant economic factors that should be included in the measurements. This paper presents three extensively criticised, but widely used, models of economic impact analysis, namely, (1) social value, (2)...
12 Pages(3000 words)Essay

Economic impacts of gambling

...in the process. Overall, the research literature is undecided on the topic of positive or negative impact of casinos and other gambling institutions in the context of local economies. Many studies, in fact, find that there is no significant impact either way, either because casinos are not large enough to have a system-wide impact or because gambling was not an influential factor in the community (Williams, Rehm and Stevens). The ideal result from large private sector profits is that personal income levels within a certain jurisdiction will increase, which corresponds to a higher standard of living for the community. Intuitively, the construction of a successful casino will create an...
5 Pages(1250 words)Essay

Social and Economic Impacts of Globalization

...Impact of Globalization on Economic and Social Inequality Abstract In the past, most nations carried out their trade and other operations separately and within their boundaries. However, the development of globalization in recent decades has led to more, economic, social and political integration between nations. Globalization has brought with it various benefits to individual nations and communities in terms of economic growth and social development. However, it is evident that globalization has also caused various negative effects especially to developing nations for instance social and economic inequality. This paper will analyze the social, political...
9 Pages(2250 words)Term Paper

Economic Impacts on Event Management

...?Economic Impacts on Event Management Table of Contents 0.Introduction 3 2.0.The Dimensions of Event Management 3 3.0.Conceptualising Event Management from an Economic Perspective 5 Conclusion 9 References 10 10 1.0. Introduction The increasing concentration on the profession of event management has drawn the attention of scholars towards various significant aspects among which the relationship between economic factors and events held in different regions can be considered as vital. ‘Events’, in this context can be termed as any social or corporate happenings organised in a planned and structured manner. Hence, it is quite apparent that events have to be systematically managed to be organised efficiently that in turn can provide... )....
8 Pages(2000 words)Literature review

Impacts of internet on Culture

...?Impacts of internet on Culture Internet in the modern world has played a key role in not only influencing communication, but also has greatly impacted upon the culture of people worldwide both positively and negatively. According to Shields (2009, p.1) the complex and highly interactive nature of communication in the 21st century because of globalization and the internet, cultural identities all over the world have been altered and transformed altogether. This is affirmed by Stroud (1998, p.1) who claims that the internet has revolutionized communication bridging the gap in global network and transforming the whole world into a tiny...
4 Pages(1000 words)Essay

Impacts of The European Economic Crisis

...?The European Economic Crisis The European economic crisis was termed as the worst recession since 1930. The GDP in average European countries was estimated to have fallen to about 4% by 2009. Blame was placed on financial institutions such as central banks and economic centers for providing easy ways for borrowers to get money. Most of the businesses were worst hit by the crisis causing a high rate of unemployment because firms started laying off employees to curve in the investments they had for business to continue. The EU crisis was at first unpredictable in 2006 because the EU had come out strongly and recovered from the previous crisis of the Internet bubble. The performance was good in 2006 and part of 2007. The first hit... on...
4 Pages(1000 words)Essay

Economic Impacts of Tourism

...Economic Impacts of Tourism This paper takes a close look at the economic benefits which the tourism industry brings for a country whilst drafting solid tourism policies and a base for its development and management is indeed the order of the day. Tourism for a country brings in the much needed foreign exchange that is welcomed by the government and the related ministries. What it does best is to make the law-makers realize of the tremendous potentials that their country possesses in the wake of tourism and thus an industry of sheer magnitude needs to be in place so that more and more tourists visit each year. The economic impacts in the tourism sector...
5 Pages(1250 words)Essay

Impacts of Cyber Vandalism on the Internet

...Impacts of Cyber Vandalism on the Internet Introduction Public employees constitute the class of people who work at the public sector under the direct control and administration of government. Although, public employees get comparatively attractive remuneration for their services, they are always vulnerable to salary-cut and other compensations in times of national contingencies. Since the public sector employees play a vital role in the economic growth of a nation, every nation normally formulates special policies for preserving the interests of public employees. However, it seems that various organizational practices and other developments impinge on the worksite interests of public employees. With intent to discuss the issue... ,...
5 Pages(1250 words)Essay

Monaco grand prix economic impacts

...organizations (Sylt and Reid, 2010).” The Monaco Grand prix has great economical impacts; first and foremost it leads to technological development of mass communication especially satellite television. This development means that revenues from television to host the events increase overwhelmingly. The television rights are sold very highly like the rights to host Olympic games in 2000 in Sidney was over US$1 billion (Sylt and Reid, 2010). There is also a lot of corporate sponsorship which provide huge sums of money to the host countries. The event is also useful in marketing products and showcasing various country attractions hence attracting tourism and foreign investments. This event is one of the most...
5 Pages(1250 words)Essay

Economic Impacts of Drugs to the Society

... One fast growing concern in the modern society, legal and medical professions is the increase in use of illicit drugs especially among the youth. This is associated with a lot of negative impacts not only to the users but also the society at large and as such has become a topic of significant concern to the practitioners in the American justice system. Alcoholism and the use of drugs com accompanied with heavy costs in terms of social and economic impact; healthcare, crime, work life and one’s social networks are some areas adversely affected. it is therefore very important to study and understand the effects of drugs to our today’s society as well as the justice system in America....
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic The economic impacts of the Internet for FREE!

Contact Us