The "Dot.com" or Internet Bubble Burst in 2008

question 71

True/False

The "dot.com" or Internet bubble burst in 2008.

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Definitions:

Increased Government Spending

A fiscal policy where the government expands its expenditures to stimulate economic growth or address public needs.

Annual Budget

A financial document forecasted for a year that outlines expected income and expenditure for an organization or government.

Government Funds

Financial resources allocated by the government for specific purposes, often aimed at public projects or to aid sectors of the economy.

Subsidiaries

Companies that are completely or partly owned and partly or wholly controlled by another company, known as the parent company.