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Question
What is dotcom burst?
Short Note
Solution
- The Nasdaq-Composite stock market index fell from 5046.86 to 1114.11. This is infamous, known as the Dotcom Crash or Dotcom Burst.
- This began on March 11, 2000, and lasted until October 9, 2002. During the crash, thousands of online shopping companies, like Pets.com failed and shut down.
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The Development and Growth of Electronic Commerce
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