Be the first to like this
In 1492, Christopher Columbus started his voyage to explore a new world but the result of his journey was far beyond for giving a proof that the Earth is spherical and smaller than any fantasy verdict of science about globe at that time (Biography, 2013). Followed Columbus’s generating footsteps, there had been many changes around the globe. The transaction, international trade between the countries and continents, gradually formed and developed (The Political System, n.d.). Nevertheless, an interesting concept happened in recent years is that those developments of the gradual results and the advent of the Internet through the achievements of science and technology are changing the world in the opposite way once again. The Earth is flat and owing to the Internet, the globe becomes globalized (Friedman, 2005). However, it cannot be denied that globalization in Internet has both advantages and disadvantages. This essay will analyze the aspects of the globalized internet in terms of economy. It will look at the positive and negative sides of the Internet applications based on the history of the Internet Web browsers, from the initiative of Netscape to the competition between Netscape and Microsoft’s Internet Explorer, and then to the replacement of Google Chrome on the Internet business market. This essay includes the arguments on those issues to conclude that there are more positive effects which play an important role in the worldwide economy nowadays.