How Has The Internet Affected The Economy?
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The Internet has had a major impact on the economy, both in terms of creating new opportunities and transforming existing ones. By creating new markets and industries, the Internet has allowed businesses to reach new customers and expand their operations. This has led to increased competition and lower prices, benefiting consumers. The Internet has also enabled companies to reduce their costs by streamlining their supply chains, automating processes, and reducing their need for physical infrastructure. Finally, the Internet has enabled the development of new business models, such as e-commerce and online advertising, which have generated new sources of revenue.