ECOM 210 Mini Research Paper

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ECOM 210 Mini Research Paper
You are to research the rise and fall of the early days of the World Wide Web. In 1993, Tim Bern…

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Description

ECOM 210 Mini Research Paper

ECOM 210 Mini Research Paper

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Scenario

You are to research the rise and fall of the early days of the World Wide Web. In 1993, Tim Berners-Lee created the Web and the bubble began. The bubble describes the amazing stock run of Internet companies, when their values soared to unbelievable and what were thought to be unattainable heights from 1993 to 2001. Suddenly, the overpriced giants crashed. Individual investors lost millions and the NASDAQ (the stock exchange for most Internet companies) came tumbling….

Preview:

Market analysts described that a “bubble” happens when the prices of an asset shoot up rapidly over a short period of time and way above their true value.  The surge in prices is driven by investors eager to buy the asset for…