Final answer:
Web 2.0 is the version of the web that supported dynamic content creation and social interaction. It led to the rise of social media platforms and transformed online commerce, creating a more interactive and user-participative web environment.
Step-by-step explanation:
The version of the web that evolved to support more dynamic content creation and social interaction is Web 2.0. This phase of the web's evolution is characterized by the increased participation of users, marking a shift from the static pages of Web 1.0 to a more interactive and social web experience. During the Web 2.0 era, services such as social media platforms, video sharing sites, and e-commerce websites became prominent, transforming the way users produce and consume content on the web.
In 1999, Web 2.0 was introduced, and it focused on user participation rather than passive content consumption. This interaction is evidenced by the rise of social media platforms content-sharing platforms. Additionally, it transformed commerce online, with giants redesigning retail in the digital space.
Before this, the early years of the web, dubbed Web 1.0, were when owning a domain and managing a website was accessible to many with minimal skills. Tools like Microsoft's Frontpage enabled many to establish an online presence. However, as Web 2.0 progressed, the do-it-yourself nature of the web changed, with more complex tools coming into play and social networking sites simplifying online presence creation.