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In the 1990's thousands of dot-com companies emerged with great fanfare to take advantage of the Internet and new information technologies. A few, like Google,
In the 1990's thousands of "dot-com" companies emerged with great fanfare to take advantage of the Internet and new information technologies. A few, like Google, ebay, and Amazon, have generally thrived and prospered, but many others struggled and eventually failed. Explained these varied outcomes in terms of how the market systems answers the questions "What goods and services will be produced?"
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