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What is the impact of the internet on the economy?
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The internet has had a significant and positive impact on the economy. It has enabled businesses to reach more customers, facilitated communication between people and organizations, increased productivity, reduced transaction costs, and improved efficiency in many areas. Additionally, it has made markets more competitive, allowing for greater competition and lower prices. Finally, the internet has allowed for new business models, such as e-commerce and digital marketing, which have further enhanced economic growth.