Before the development of the World Wide Web, people used computers for things such as playing games, writing documents, and keeping financial accounts. But over time, people began to wonder how the computer and its technology would evolve in the near future. In 1989, a paper was submitted to a leadership team by Tim Berners-Lee who would soon create the World Wide Web. “Tim Berners-Lee was a software engineer at CERN and he understood the untapped potential of millions of computers connected to each other via the Internet” (World). After much research and work, he created this proposal which included a specified set of technologies that would make the Internet very useful and accessible to people. Although he encountered initial setbacks, he was able to create this proposal and "three fundamental technologies that remain the foundation of today's web, including: HTML, URL, and HTTP" (World). It was not until April 1993 that CERN announced that the World Wide Web would be open to everyone. Bubble Growth Since then, the Web has changed the world, becoming perhaps the most powerful means of communication the world has ever known. The World Wide Web has fundamentally changed the way we inform and are informed, buy and sell, teach and learn, share and collaborate, meet, love and address problems. When the World Wide Web was created, it opened up many opportunities for people all over the world. With the rise of the web, it seemed that the Internet was going to become the future of business. Once the World Wide Web took off, consumers flocked to the Internet and investors around the world got involved. The "stock market soared thanks to technology stocks and the Internet, IPOs were all the rage and the sky was the limit...... middle of paper...... The rise of the Web brought many opportunities for Internet companies and investors. as well as consumers. When the World Wide Web appeared, investors took it as an opportunity to earn more income and began to invest in many companies with a lot of money, without thinking about the risks that might arise. The bursting of the Internet bubble strongly affected investors and businesses. Investors lost considerable sums of money and many companies were forced to go bankrupt. Once the bubble burst, investors and businesses were able to learn about the mistakes they had made, which helped them in their future financial decisions. After the stock market crash and the bubble burst, things started to get back on track. The rise and decline of the World Wide Web has had a real impact on our economy and has been a learning experience for key stakeholders, such as investors and businesses themselves..