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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2111 |
Essay's paper body
History provides several examples of asset bubbles?and the big pop.
On March 10, 2000, the NASDAQ stock index, which lists many technology firms, hit 5,049, followed by the pop heard round the world. The market plunged downward, reaching its bottom of 1,114 on October 9, 2002. The "experts" cite many causes of the technology bubble, including the belief of many market participants that a "new economy" had emerged in which technology ensured that recessions were a thing of the past and productivity gains would continue at levels that formerly had seemed unattainable...
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The market plunged downward, reaching its bottom of 1,114 on October 9, 2002. The "experts" cite many causes of the technology bubble, including the belief of many market participants that a "new economy" had emerged in which technology ensured that recessions were a thing of the past and productivity gains would continue at levels that formerly had seemed unattainable...
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General points of the essay
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