Dotcom Bubble In The 20th Century

Decent Essays
The Dotcom bubble occurred in the late 1990s and was portrayed by a rapid rise in equity markets driven by investments in internet based companies. During the dotcom bubble, the value of equity markets propagated exponentially. In the 1900s was a period of rapid technological development in many areas, but it was the commercialization of the web that led to the greatest expansion of capital growth the nation had ever seen before.
There was a bubble formed over the next 5 years it was nourished by cheap money and easy capital. Due to this, there was a huge growth in the internet sector. The dot-com bubble burst in the year 2001 having a long lasting recession in the western world. Because of the unknown innovative nature of online businesses.

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