This was a biotech firm that IPO’d to receive funding for their high intellectual costs in recombinant DNA research.
What is Genentech?
This Clinton-era economic framework emphasized budget balancing and market confidence.
What is Rubinomics?
Technology that inspired Silicon Valley's name.
What is Semiconductor or Microprocessor?
This currency remained the backbone of the international payments system during the 1990s.
What is the U.S. dollar?
This U.S. government agency funded ARPANET, the network that eventually evolved into the commercial Internet.
What is the Advanced Research Projects Agency (ARPA)?
The founder of this company said “we both had this rich neighbor named Xerox and I broke into his house to steal the TV set only to find that you had already stolen it.”
What is Microsoft?
This Federal Reserve Chair was nicknamed "The Maestro" and believed rising equity prices reflected future productivity growth.
Who is Alan Greenspan?
University central to many startup origins and tech innovations in the 1990s.
What is Stanford?
This country’s decision to float its currency in 1997 triggered a regional financial crisis that rapidly spread across Asia.
What is Thailand?
Created by Tim Berners-Lee, this software innovation allowed any computer to access and add information across the Internet.
What is the World Wide Web?
This company outsourced its janitorial services, becoming a target of the Justice for Janitors movement.
What is Apple?
This 1996 act ended federal welfare as an entitlement.
What is the Personal Responsibility and Work Opportunity Reconciliation Act?
Silicon Valley created a group or system defined by repeated interactions and force multiplying connectivity.
What are Networks?
Rising stock prices in the late 1990s contributed to this economic cycle of growing investment and demand.
What is the wealth effect (or virtuous cycle)?
As part of the flexible, networked economy, this open workspace layout replaced executive suites and rigid office corridors.
What is the cubicle?
This company became the largest employer in the private sector in 2000, employing 2.2 million people
Answer: what is Walmart?
This 1996 legislation deregulated telecom and internet industries.
What is the Telecommunications Act?
Xerox's influential research center, PARC, which developed key technologies like the personal computer with a graphical user interface, was located in this city.
What is Palo Alto?
After Thailand’s currency devaluation, the IMF’s structural adjustments required Southeast Asian economies to remain open to global capital and enforce this controversial fiscal policy.
What is budget austerity?
This ad format, introduced in 2000, marked Google’s breakthrough in monetizing search.
What are banner ads?
This company was founded by two Fairchild Semiconductor founders, Gordon E. Moore and Robert Noyce.
What is Intel?
This international organization, alongside the Fed and Treasury, led global financial bailouts in the late 1990s.
What is the IMF (International Monetary Fund)?
California's GDP in 2000 compared ______ to the GDP of any national economy in the world.
What is the 9th largest GDP?
How much was the bailout that saved Long-Term Capital Management in 1998?
What is $3.6 billion?
At Apple in 1981, this specific percentage of corporate costs was attributed to labor assembly, revealing the cheapness of manufacturing relative to innovation.
What is 1 percent?