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Word Count: 857
Computers have a great effect on the way we live our lives today From writing documents to banking computers are integrating themselves into our daily tasks more and more every day There are several important aspects of the computer age including the internet banking and communications The internet is the fastest growing economy in the world mostly because of its ease of use and its vast audience For the last seven years the internet has more than doubled in growth and profits every year Every day there are new companies being created and making profits over the internet This is because of the low cost of setting up and advertising The internet is also rapidly becoming the major means of purchasing for millions of people all over the world This number is only going to increase as more people become computer literate A major concern for people purchasing products or services over the internet is security Most people think that using credit cards on the internet is unsafe when in reality it is more safe than using it at a local grocery store or gas station This is because when a person submits their credit card information over the internet it is encrypted and sent securely while when they use it at a grocery store anyone can view the information New uses for the internet are being discovered all the time For instance the digital music revolution is in progress right now There are major lawsuits being issued by major record labels against certain internet organizations such as Napster and MP3com Almost every person who knows about electronic music uses it so this makes a major impact on the sales of CDs and cassettes Other than electronic music almost every other industry is benefiting from the internet For instance the internet auction company EBAY is one of the biggest companies in the world now They offer the advertisement of products and services to be auctioned
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