Development of "dot.com" companies of late 1990s. Relation to world economy. Bankruptcy of dot.com companies. Relation to European Union & American economy. Need for New Economy to combine Old Economy factors for success.
Written in 2001; 2,250 words; 11 sources; $ 79.95
From the Paper:
"During the late 1990s, the term, "New Economy," began appearing in articles and news reports as analysts sought to describe transactions that were largely Internet-based, or at least transactions which did not require consumers entering a brick and mortar store. Articles were written about the young entrepreneurs who were rewriting business rules, about companies where Casual Friday evolved into Casual Everyday, and how the New Economy would radically change the entire business landscape. As 2000 draws to a close, however, it is becoming obvious that the Old Economy is not going to go away entirely. Many of the touted "dot com" companies have gone bankrupt as they were unable to produce that most traditional product of the Old Economy: profit. New Economy companies are finding that they must integrate Old Economy ..."
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