Economics Quotes about Internet


Total: 1 Quotes
 Clement Mok quotes 
 Economics quotes   Technology quotes   Internet quotes 
Suggest Revision: Five years ago, we thought of the Web as a new medium, not a new economy.
 
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Quotes About Economics
Quotes about Economics
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Wednesday, May 22
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Internet is the system of several interconnected computer networks across the globe which uses the internet protocol to serve billions of users worldwide. The term “internet” is derived from two words namely “interconnection” and “network”. Internet is the network of networks. It carries a multitude of information resources and services which includes the infrastructure to support the electronic mail. Linus Torvalds had once remarked, “People enjoy the interaction on the Internet, and the feeling of belonging to a group that does something interesting: that's how some software projects are born.” Internet was the brainchild of the USA government who joined forces with some private commercial interest to build tough, fault-tolerant and widely distributed computer networks. The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications. Bill Gates had once remarked, “Internet is becoming the town square for the global village tomorrow.”
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