The invention of the World Wide Web and online shopping.

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The invention of the World Wide Web (WWW) marked a major turning point in the history of the Internet and paved the way for the development of e-commerce. Tim Berners-Lee, a British computer scientist working at CERN, the European Organization for Nuclear Research, is credited with inventing the WWW in 1989. His vision was to create a global system of interlinked hypertext documents that could be easily accessed and shared by anyone with an Internet connection. This innovation transformed the way we access and share information and opened up new possibilities for communication, education, and commerce.

E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the Internet. The widespread use of the Internet, combined with advances in technology, such as the development of secure payment systems, has made e-commerce a reality. Today, e-commerce is a rapidly growing industry, with millions of people around the world buying and selling products and services online. E-commerce has changed the way we do business, making it easier and more convenient to shop, and has created new opportunities for businesses to reach customers anywhere in the world.

"The World Wide Web, invented in 1989 by Tim Berners-Lee, transformed the way we access and share information and opened up new possibilities for communication, education, and commerce." (Chaffey, 2016, p. 27).

"E-commerce, the buying and selling of goods and services over the Internet, has been made possible by the widespread use of the Internet and advances in technology, such as secure payment systems. It is a rapidly growing industry with millions of people around the world buying and selling products and services online." (Turban et al., 2016, p. 5).




Reference: 

Chaffey, D. (2016). Digital Business and E-Commerce Management. Pearson.

Turban, E., King, D., Lee, J. K., Liang, T. P., & Turban, D. (2016). Electronic Commerce: A Managerial and Social Networks Perspective. Pearson Education India.

 

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