K2 and K3 Alphabet Construction

Toward the end of the twentieth century, the values of stocks of internet and technology companies rose dramatically. As a result, the Standard and Poor’s stock market average rose as well [link] tracks the value of that initial investment of just under $100 over the 40 years. It shows that an investment that was worth less than $500 until about 1995 skyrocketed up to about $1,100 by the beginning of 2000. That five-year period became known as the “dot-com bubble” because so many internet startups were formed. As bubbles tend to do, though, the dot-com bubble eventually burst.

Figure (1)