Author(s)

Jingxuan Fang¹, Dong Xu²

¹Department of Digital Media Studies, University of Rochester, Rochester, USA.
²Department of Electrical Engineering and Computer Science, University of Missouri, Columbia, MO, USA.

The internet has a tremendous influence on our life in modern society. It not only penetrates many aspects of people’s daily routines but also brings great changes to the world. This paper utilizes China’s economy as an example to analyze how the internet impacts economic development. The relativity between the internet and economy is analyzed through professional models. With the digital revolution of the internet, the development of the market economy will be tightly connected with the internet in the current time and future.

Internet, Economy Development, GDP, Relativity

Fang, J. X., & Xu, D. (2020) How the Internet Influences the Development of Modern Market Economy. American Journal of Industrial and Business Management, 10, 1002-1012. doi: 10.4236/ajibm.2020.105067.