“For the e-commerce industry, 2008 was a challenging year, yet growth is still on par with last year, and it appears online store-owners are busier than ever meeting the demands of a maturing market. Here's a look at some of the issues and trends that marked the year, and will certainly continue to grab headlines in 2009.” (Megna 2008) This research information advises that E-Businesses are a standard form of conducting business, unlike 20 years ago when it was considered a fad.
o How the Internet has changed social activities and created new cultural norms
Today’s consumer purchases cars, homes and does their grocery shopping online. Today’s consumer socializes online in clubs that adhere to the individual’s liking. Today’s consumer can make their own video and promote their thoughts online. Today’s consumer can find his or significant other online. All of these functions can be done in the comfort of one’s own home. The internet has changed the way society socializes and conducts business significantly.
o The Internet’s impact on the political process and information transparency
The political process has also changed significantly. The internet allows for all to see, hear and read all the good and bad factors that surround a candidate, the government overall, laws, regulations, proposed changes and political blogs that are set up by groups for or against the political process.
All this information can be found by the click of a mouse in an instant. The information highway is fast and vast.
o The Dot-com boom and bust, and the economics of the Internet
“At least 537 Internet companies folded in the past year, compared with 225 in 2000, according to Webmergers.com, a company that provides research to the Internet industry.” (Cnet 2001) When new technology allows for new business opportunities, not all will succeed. The Dot.Com bust happened because a significant number of the new... [continues]
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(2010, 12). The Impact of the Internet on Different Aspects of America. StudyMode.com. Retrieved 12, 2010, from http://www.studymode.com/essays/The-Impact-Of-The-Internet-On-509005.html
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