Slowing Revelotion

Technology, a progressive tool in the last decade! Every day technology influences many Americans in their daily living, from cell phones, microwaves, CD-players, home personal computers, to lap top computers technology has made the American standard of living easier and convenient. In the last decade technology has affected many components in our American culture. The President of the United States Bill Clinton has deemed one of these components as the “New Economy”. The “New Economy” is the information technology revolution that has changed the way America does business, and has changed our market and others around the world. Can the market depend on the information technology revolution to be as prosperous in the future?

What factors contributed to the “‘New Economy”? In the early 1990’s technology was knocking at the doors of every American’s home. Affordability and convenience is what lead to the rebirth of the economy. Personal computers or PC’s for short were much more obtainable in the early 90’s, with more Americans with computers in their homes Americans became one with technology. The growing popularity of PC’s led to the biggest benefactor in our economic revolution, the Internet.

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