Monday, October 13, 2008

Internet and the economy

Internet is a tool which lets people transmit information quickly all over the world.

Generally speaking, the use of the Internet allows companies and employees to obtain a lot of information at the same time.

Thanks to the Internet, we can be kept informed of everything that happens in the world, every day at every hour.

On one hand, the use of the Internet is a real opportunity to ensure dissemination of information on a large scale. On the other hand, it can be seen as a means of communication harmful because it can maintain a sense of fear and thus worsen the crisis.

Indeed, the surplus of information that we can found on internet on various websites can cause confusion.

This kind of situation can lead people to withdraw more money, so it increases the economic crisis.

Take the example of the Stock Exchange in New York. If there is a crash in New York, thanks to the Internet, speculators can get the information in Paris in real time.

Therefore, the Internet represents a danger for buyers because prices are falling resulting from a lower demand.

What emerges is that the Internet is a source of reliable communication, because there is a wide range of information. However, it may represent a danger for speculators.

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