Free tests for learners English to do online
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Question:
(28) _______
Reference explanation:
Correct answer: A
Knowledge: Relative pronouns
Definition of “which” replaces the noun of the object, as the subject in the relative clause.
also a second problem: second problem => use “which”
There was also a second problem (28) which dot coms did not anticipate.
Translated: There is also a second problem (28) that the dot-com company did not anticipate
=> Choose answer A
Think and answer the question before QAZDO provides the answer and solution
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The dot com boom of the late 1990s was a period of unprecedented growth and optimism in the tech industry. Companies like Amazon, Google, and eBay were born in this era, and the future seemed bright for those who adopted the new technology. However, there was also a second problem that dot coms did not anticipate: the bursting of the tech bubble.
The tech bubble was an economic phenomenon where the stock prices of tech companies rose to unrealistic heights. Companies were being valued at multiples of their actual worth, and investors were buying into the hype. This created a false sense of security in the industry, and when the bubble eventually burst, it had devastating effects.
The dot com crash of 2000 saw the stock prices of many tech companies plummet. Companies that were valued in the billions of dollars were now worth just a fraction of their former value. Investors were left with huge losses, and many companies were forced to close their doors. This had a ripple effect throughout the industry, as many workers were laid off and the tech sector was thrown into a recession.
The dot com crash also had long-term effects on the industry. Many investors became wary of investing in tech companies, and the industry saw a decrease in venture capital investment. This, in turn, made it harder for tech startups to get the funding they needed to succeed.
The dot com crash was a difficult period for the tech industry, but it also served as a valuable lesson. Companies now understand the importance of having realistic valuations and of not getting caught up in the hype. They also understand the need for caution when it comes to investing in tech companies.
The dot com crash of 2000 serves as a reminder of the risks associated with investing in tech companies. It is important for investors to remember that the tech industry can be volatile, and that there is always the potential for a crash. By understanding the risks and being cautious, investors can better protect themselves from the potential losses that can come with investing in tech companies.