Internet has Brought Forth a New More Egalitarian Economic System

Essay from the year 2018 in the subject Economics - Industrial Economics, grade: 1, , language: English, abstract: Over the past few decades, internet has become the center of interest in virtually all aspects of mankind. Discovery of internet computer technology has currently emerged as the key factor of influence. It has brought a great change to human social nature, health and economics. In fact, internet technology has been adopted in all fields of economics due to its reliability and efficiency. As such, internet has gained a wide spread popularity at the moment. Some of the areas where internet has been applied effectively include: production of manufactured products, global trade and marketing through the so called e-commerce, Information Technology Management of many international corporations as well as local production companies, and social networking. In addition, internet has also been applied in other sectors which contribute significantly to the economy of any particular country. Healthcare is one of those sectors in which adoption of internet has led to great advancement with regard to quality service provision and efficient access to medical information by both patients as well as the concerned health professionals.