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Which of the following is true of the \"New Economy\" that emerged during the 19

ID: 157872 • Letter: W

Question

Which of the following is true of the "New Economy" that emerged during the 1990s Clinton era?

the rise of information technology companies such as Microsoft.

tremendous increase in labor productivity.

great expansion of access to and use of, the internet and e-business.

all of these statements are true of the "New Economy".

a.

the rise of information technology companies such as Microsoft.

b.

tremendous increase in labor productivity.

c.

great expansion of access to and use of, the internet and e-business.

d.

all of these statements are true of the "New Economy".

Explanation / Answer

All of the above is true.

Microsoft leads the market and makes the market tech savy by making windows and internet available for masses. E business finds its existence in this era which can be considered as a budding stage which then start to blooming in late stage of clintons era.

Because of this technological advantage labor productivity was increased because now they can work faster and accurately. So all of the above is the right answer

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