Wall Street Journal Article Summary

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Wall Street Journal Article Summary

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`Does Broadband Boost Economic Growth ' Sarmad Ali . Wall Street Journal January 12 , 2010

BROADBAND AND ECONOMIC GROWTH

The purpose of the author in writing this article seeks to understand the value of how broadband technology has fostered expansion and development of businesses . It corresponds to the question of how this process can boost economic growth and whether or not American industries have responded effectively to what these innovations have to offer

Summarizing the

article , Ali presents the value and usage of broadband in effectively addressing changes and transformations towards businesses . Here , he outlined considerable important developments that have transpired due to this process . Such component then increased better means to bridge together existing boundaries and improve communication and collaboration processes . However , there are also existing challenges as the relative costs corresponding to its maintenance and development . Due to this , it presents itself questionable in addressing economic growth because of the relative investment in its specialization and effective administration especially among industries who are not that heavily reliant to such connections

Addressing the policy innovations brought about by broadband technology , it can be seen that it corresponds to the value of expanding labor movements within specific industries . Though this may continuously provide avenues for development , the hindrances within the labor sector alongside its associated costs also bring about hurdles in its further expansion . Alongside these obstacles also look into different factors shaping economic growth and therefore needs...