Introduction・The DotCom Bubble happened in the end of the1990s.・It is the extraordinary general atmosphere ofinvestment in DotCom company.・In 1999-2000, stock prices increased more thanusually, but DotCom Bubble burst in 2001.
Background・E-commerce that it can process direct interactivecommunication with consumers turned into reality. －Many company make an investment of Internet. －People were interested in IT company providingthose service.
Happening・Many investors lost handsome amount by theDotCom bubble.・A lot of Internet start-ups were birthed in the midto late 1990s.・These companies came to be referred to as“DotComs,” .
Suffering・In 2002, the U.S. IT-related unemployed peoplereached 560,000. ーBut a portion of entrepreneurial venture such asGoogle, Amazon, DotCom and e-bay weresurviving.・America entered a long-term recession subsequentto the collapse of the DotCom bubble.
Impact(World)・In India, investment in the software related grew. ーThis exerted a positive impact to India.・In China, stock price that the IT relatedcompany take the whole operation public fetch highprices. ーBut China didnt take a severe hit.
Impact(Japan)・Dot-com bubble didnt last long.・The Internet bubble in Japan disintegrated all too soon.・But Japanese economy shift to a minor key by theprolonged recession.
Summary・Many IT-related ventures called "Dot-comcompanies" was established.・By DotCom bubble economy burst, many peoplelost a job.
References・History of the Internet - the Dotcom bubblehttp://www.nethistory.info/History%20of%20the%20Internet/dotcom.html・What was the Dot-com Bubble?http://www.wisegeek.com/what-was-the-dot-com-bubble.htm・Dot-com bubblehttp://en.wikipedia.org/wiki/Dot-com_bubble