Question: How has the internet impacted the global economy?

Sample Answer (The AREA technique):

Answer: The internet has had a significant impact on the global economy by creating new industries, increasing productivity, and facilitating international trade.

Reason: The internet has enabled businesses to operate more efficiently, reducing costs and increasing productivity. It has also created new opportunities for entrepreneurs, such as e-commerce, online advertising, and digital content creation. Moreover, the internet has made it easier for businesses to connect with customers and partners in other countries, expanding the reach of global trade.

Example: Companies like Amazon and Alibaba have leveraged the internet to create global marketplaces, connecting buyers and sellers from all over the world. This has enabled small businesses to reach new customers and has created jobs in the process.

Alternative: The internet has also disrupted traditional industries, such as print media and brick-and-mortar retail, leading to job losses and economic inequality.