Wall Street is brought to Main Street, and the investment playing field is increasingly being leveled. The Internet is allowing everyone, everywhere an equal chance to better plan their financial security. In fact, in many cases, state and local agencies were in the forefront of encouraging business use of the Internet. In San Carlos, for example, the city had an Internet Web site and was encouraging business use of the Internet in early 1994 long before most businesses and government agencies had discovered the Internet as a tool. As we move forward, I think we will continue to see state and local agencies leading the charge to use the Internet to for business, economic development, educational and community purposes.
Governments benefit directly by the economic activity resulting from electronic commerce.
Already, the Internet is the key factor driving the explosive growth of many U.S. high-technology industries. All this is only a beginning of the economic activity, which the Internet will produce as it grows and develops. Inc. All Rights Reserved.