Economic institutions in the past have largely revolved around what is trending in the market at that time. It is no secret that e-commerce and utilizing growing technology to make money online is by far the greatest trend of recent times. With Facebook planning to go public and expanding their labor force, it can be seen that perhaps the most significant economic institution for now and the future will be digital. One can only presume that GDP and other economic measures stand to increase as "e-jobs" open up, allowing many unemployment issues to be laid to rest. This, of course, begins with expansive growth for Facebook and all other online entities. Count on the Internet as being the biggest institutional change affecting economies when this course is taught in the next century.
http://finance.yahoo.com/news/facebook-hire-thousands-sees-fast-224359945.html
No comments:
Post a Comment