Silicon Valley’s Effect on the National Economy
Number of pages:
7
ABSTRACT:
A 7 page paper discussing the bursting of the technology bubble in 2000, offshoring of technical positions to India and the resulting effect on the national economy. These events did not only affect the federal government’s tax revenues, but also the strength of the dollar in international markets and the nation’s balance of payments. Silicon Valley’s economy is improving slowly, but it is not expected to fully recover before 2010. If all other conditions remain as they are now and Silicon Valley’s economy does regain the same level it enjoyed prior to December 2000, the larger effect on the national economy will remain. Bibliography lists 6 sources.
FILE NAME:
File: CC6_KSeconSilicVal.rtf
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