| A | B |
|---|
| microchip | a tiny electronic circuit that processes and digitally transfers information |
| cybereconomics | an economic system driven by internet commerce |
| internet | a worldwide system of interconnected computers that store, process, and share information |
| World Wide Web | part of the internet, used for communications among consumers, business, governments,and other organizations |
| Web sites | electronic World Wide Web locations that store information to be viewed or downloaded |
| e-commerce | electronic commerce on the internet (also referred to as e-business) |
| frequency marketing | marketing directed by stored information about the frequency of a customer's use of a product |
| telecommunications | communicatons over long distances, assisted by technology |
| information age | the period when telecommunications and computer technology gave information significant economic value |
| knowledge economy | economy in which information is the key to growth |
| weightless economy | term coined to identfy an economy based on products that are not tanagible |
| innovation | development of new products, systems, or processes that have wide ranging effects |
| day trading | buying and selling securities directly over the internet |
| intellectual property | creations of a person's intellect that are protected by copyright; for example written works and music |
| consumer credit laws | laws pssed to protect consumers by giving them access to their credit records |
| distance education | education provided via telecommunications technology |
