Thursday, May 9, 2013

Online Shopping Increases Spending

One of the greatest inventions ever made was the invention of the internet. The internet has a huge effect on today’s economy and always has. The internet has so much to offer not only the country that you live in but also the countries across the globe. Online shopping has become very popular. In 2012, 70% of consumers, ages 14 and older were online shopping. The percentage only continues to grow as holidays approach and events such as Cyber Monday happen.  Having at least 70% of consumers shop online is more money that is put into companies which is then put into the economy. It doesn’t matter how consumers are spending their money, whether it is at a shopping center or online, the economy needs consumers to spend money.
Palis, Courteney. "Internet Economy: How Essential Is The Internet To The U.S.? (INFOGRAPHIC)." The Huffington Post. TheHuffingtonPost.com, 20 Mar. 2012. Web. 09 May 2013.
"Data Points: Spending It." AdWeek. N.p., n.d. Web. 09 May 2013.

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