Dot coms were high-tech companies that attracted many investors in the 1990s, as they were seen as the future of the economy due to internet technology. However, this resulted in a bubble that burst in the early 2000s, leading to many of these companies failing.

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"Dot Coms

Question 33

Multiple Choice

"Dot coms":

A) were high-tech companies that attracted many investors in the 1990s.
B) were companies against which economic journalists repeatedly warned investors.
C) were never warmly embraced by stockbrokers in the 1990s.
D) helped stabilize the fluctuating 1990s stock market.

Correct Answer: