Unformatted text preview: communication. The popularity of the mobile phone created a huge new industry that cross-fertilized with the PC. Instant communication and lightning-fast data manipulation speeded up the tempo of many businesses, greatly enhancing productivity and creating new opportunities for profit. Fledgling industries that fed demand for the new equipment became multi-billion-dollar companies almost overnight, creating an enormous new middle class of software technicians, managers, and publicists. A final impetus was the turn of the millennium. A huge push to upgrade outdated computing equipment that might not recognize the year 2000 brought data technology spending to a peak....
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- Fall '10
- new middle class, previously closed defense, huge new industry, new shopping opportunities, profit. Fledgling industries, lightningfast data manipulation