What Affect Do Huge Tech Companies Have On The Economy?

     Companies such as Apple carry widely used products that are in constant demand. The innovation of a new product at a huge company lie this can cause a significant boom in the economy. The increase in demand of a new type of technology is related to the entire market industry, and affects much more than the initial company. It can easily create a domino effect throughout the entire economy. Also, technology could have the reverse effect on the economy as well. A decrease in demand of a product can have devastating consequences on the company which can easily spread to other companies in the same industry and create a major economic downfall.



Single New Technologies Provide the Need for Numerous Accessories

The Power of Apple Inc.

C, Jayson. "How Does Modern Technology Affect Our Economy Nowadays?" Yahoo! Answers -. N.p., 2007. Web. 11 Dec. 2012.

IPod Accessories. N.d. Photograph. Groupin. 26 Oct. 2011. Web. 11 Dec. 2012.