Accounting Profits Vs Economic Profits

Accounting Profits Vs Economic Profits

Accounting Profits Vs Economic Profits

According to Internet World Stats, as of September 30, 2009, 1.7 billion people around the world used the Internet. As Internet popularity increases, virtual populations are growing. When it comes to keeping in touch, inclement weather, traffic jams and economic downturns can make virtual relationships appear attractive, even in the face of lowering airline tickets. Herald advancing technology.

Pioneer Ways of Keeping in Touch with Family and Friends

Before the electric telephone was invented by Alexander Graham Bell in March 1876, family members typically lived shorter distances apart. Those who did travel to see relatives often found a way to be around their parents' or grandparents' dinner table on Sunday evenings and during major holidays. After all, how else were relatives and friends to keep in touch. There was only the radio back then:

  • No television
  • No telephone
  • Certainly no Internet

The frequent treks brought family members together, near and far. Ultimate payoff for the excursions was that the family bond had consistent and repetitive opportunity to strengthen. A quarter of a century after Alexander Graham Bell invented the telephone, Dayton, Ohio natives, Orville and Wilbur Wright, made their first flight on a glider.