What Technological Developments Made the Personal Computer Possible? What Were

question 25

Essay

What technological developments made the personal computer possible? What were the most important cultural and social effects of personal computers and the new communications technologies they spawned?

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Definitions:

Acquisition Method

An accounting technique used to consolidate the financial statements of a parent company and its subsidiaries.

Monetary Assets

Assets that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

Foreign Currency Transactions

Financial transactions involving the exchange of one country's currency for another's, impacting businesses and investors who operate internationally.

Exchange Rate

The price at which one currency can be exchanged for another.