WORLD INTERNET CONNECTIVITY (As of 6/15/95)

(http://www.pbs.org/nerds/timeline/network.html)

There is another thing that Internet brought us at affordable price: it is electronic commerce (e-commerce). There is no specific definition for what is e-commerce everybody interprets it differently. Some view it as selling products and services on the net others more educated people see it as any networked enabled business practice such as Electronic Data Interchange (EDI), the World Wide Web, or email. Before the Internet small businesses were restricted on electronic communications because of high cost on installation and maintenance of networks. Business communications were performed by fax or telephone. Although, the In

The future of the electronic-commerce heavily depends on government regulations. So far, it is hard to tell what government is doing to regulate internet, but the more important questions is what is supposed to be regulated by government and how. For example, the Internet taxation issue is heavily debated, how the tax laws should apply to Internet based businesses. If a firm has a location in a state, it is required to charge sales tax on goods and services sold in the state. Many reputable sites do this. But what about those firms that register corporations overseas, where state and federal governments have little, if any powers of enforcement. Then, they buy server space in any state and avoid paying taxes. Should the government propose a new Internet tax, which would help, regulate that or should it be left alone? There are two major arguments to this issue. Too many government regulations can cause an end to a new medium, on the other hand; too few regulations can result in anarchy, which eventually will have the same ending.

After the place to host the site is found, the next task is to design and build it. Again, if you are a large corporation or you want to control this process then it will be performed in-house. If contracted out, costs range from $10.00/hour for a local high school student to over $100.00/hour for an experienced Web designer in a large metropolitan market. Construction costs for a small corporate Web site are estimated between $2,800 and $5,000. A large corporate Web site can range in price from tens of thousands of dollars to millions depending on size and complexity. And let's not forget it will probably have to be updated from time to time. For example, if the price list has to be changed or new information has to be added it's time to call the web designer. Given these reoccurring costs, it is easy to see how a Web site, especially for large company, can become an expensive and daunting task. The stakes can be even higher if they want to use leading-edge technology. BigBook, a San Francisco based company that runs an advertising-based 3-D yellow pages, spent $5 million to build its Web site. (http://www.zdnet.com/enterprise/e-business/)

Electronic commerce is a gr

Some common words found in the essay are:
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Approximate Word count = 1494
Approximate Pages = 6 (250 words per page double spaced)