People are talking about the "new economy". It's very different from old economy.
In the old economy, they see people face-to-face at their job or in stores. People get information from newspapers, radios, televisions, reference books and the library.
In the new economy, people do business through the "net", which is a connection of millions of computers everywhere in the world. In the new economy, workers often work at home. They can get information on-line. They can communicate with employers and co-workers by e-mail. Customers shop on-line. Businesses have "virtual stores". They are websites on which customers can see the products. Businesses can sell to customers anywhere in the world.
In the new economy, people live a fast paced, convenient and colorful life. The whole world develops more rapidly than before. But the new economy is a double-edged sword.Its disadvantage is also obvious. For example, the Internet has led to a huge increase in credit-card cheating. Some illegal websites offer some cheap or banned goods or services.On-line shoppers who enter their credit-card information may never receive the goods they want to buy and their card informarion could even be for sale on an illegal website. So peopie in the new economy should be more smart and knowledgeable.
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