Question

'Buying and selling can take place without going to a marketplace.' Explain this statement with the help of examples.

Answer 1

At the age of Internet and telecommunication technology and with a click on our phone, we can sell and purchase anything without going to the market.

E-Commerce sites like Myntra, Amazon, Big Basket, etc. gives us the opportunity to purchase a variety of goods only by scrolling the pictures. There is also the possibility of returning the items with a full refund if we don't like the items.

On the contrary, we can sell our used goods on sites like OLX, Elanic, etc.