Californian dot com bubble economy

s1210159 Fuma Dobashi

What is a dot com bubble economy?Economical passion concerning the startup company by which dot com bubble economies are 1999-IT and Internet related which have happened centering on the United States in around 2000.The internet is generally opened from around 1995, and during the sudden spread's having started, in the second half in 1990 's, using a net, the venture business crowd who tries to start new business appeared.

Venture business group

Because the one which put on a crown was liked, and ".com" which means business was used for an end of the domain name exposed to the address on the internet, and there were also a lot of enterprises which make that a company's name just as it is, those were called "dot-com company". There was also something to make them magnify the sales and the membership with original technology and business method suddenly in the inside, but there were also a lot of unsubstantial doubtful enterprises started by an idea.

What happened by a dot com bubble economy?

The sense of expectation that the internet makes people's life and business change completely produced a passion soon, just said that even the enterprise which has no corroboration of fortune and the benefit is the net relation and supplied funds of a huge frame, and it was possible to exhibit a stock.

Peaking in 1999

A dot com brand jumped up irrespective of achievement and produced many net stock elders peaking in 1999. But when the beginning in 2000 and the survival of the fittest which is a net enterprise gradually were clearly, and a hopeless enterprise was coming to fail, a passion cooled and the stock price slumped, and the bubble economy was rotted.

How did an individual suffer with a company?

Employment of 92,000 people was created newly in total at 9 counties in the bay area last year according to an economic indicator and Silicon Valley index in Silicon Valley Silicon Valley community foundation in joint venture Silicon Valley company and Mountain View in San Jose is announcing every year, and the 46% which is soon is concentrating at Santa Clara county and San Mateo county.

The difference by the race and the job categoryThe growth rate of the employment together with 2 counties is 3.6%, and San Francisco also indicates 3.7% and strong growth. The income as well as employment are also increased again, but the distance by the race and the job category widens for this, and demand of the engineer who works for technology ancestry keeps increasing, and employment and the income of non-engineer system stagnate, and the gap widens.

Influence of this bubble economy in a financial sector

It isn't only the vanity which escaped to state outside that the wealthy classes decreased. The case that many high-income earners underwent a complete change and became impecunious by a collapse of a dot com bubble economy is also a cause. I sniff at population outflow in the inside, and because this state was crowded, there is a family who remarks arrogantly that the way a person becomes little where is good. But it's broke that they went out, and these people will forget that they're a successful man, not a person.

Immigrant from California

When an immigrant from California is seen, the ratio of the person who established a business and made goods is abnormally high. I say that among 300 houses of luxury housing and 250 houses which became popular recently at Las Vegas are "tax refugee" from California according to the place where I collected data from some real estate developers who have developed luxury housing in Las Vegas in 2004. That a classified person can buy a Nevadan newly built house for a high-income earner by the tax which will be paid for one year at California, Ray Haynes, the Californian assemblyman (Republican Party) speaks.

Referencehttp://e-words.jp/w/ドットコムバブル.htmlhttps://en.wikipedia.org/wiki/Dot-com_bubblehttp://down.cenet.org.cn/upfile/36/2006212175027136.pdfhttp://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.196.930&rep=rep1&type=pdf