Asked by Savannah Marcum on May 20, 2024

verifed

Verified

Investment into ______ in the 1990s pushed the stock market to incredibly high levels, but lack of interest into invested companies led to a stock market crash in the 2000s.

A) television
B) dot-com companies
C) cellular phone companies
D) all of these

Dot-Com Companies

Businesses that operate primarily on the internet, often associated with the boom and bust of the late 1990s and early 2000s.

Stock Market Crash

A sudden dramatic decline of stock prices across a significant section of a stock market, resulting in a significant loss of paper wealth.

  • Grasp the dynamics of the Internet's development and its effect on society.
verifed

Verified Answer

KS
Kirby SwensonMay 20, 2024
Final Answer :
B
Explanation :
The correct answer is dot-com companies. The 1990s saw a significant investment boom in internet-based companies, often referred to as the dot-com bubble. This period was marked by rapid stock market growth as investors poured money into these startups, many of which had yet to turn a profit. The bubble burst in the early 2000s, leading to a stock market crash as interest and investment in these companies rapidly declined.