Explain the Three Technologies That Are Used by Web 2

question 9

Essay

Explain the three technologies that are used by Web 2.0

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Definitions:

Usury Law

Legislation that sets maximum interest rates that can be charged on loans to prevent exploitation and excessive interest charges.

Shortage

A market condition where the demand for a product exceeds its supply, often leading to higher prices.

Loanable Funds

The total funds available within an economy for borrowing, including savings and other investments.

Interest Rate

The percentage of a sum of money charged for its use, often expressed as an annual percentage rate.