Lesson 41 of 84 · Technology Advances
⭐ 30 XPtechnology-advances: Lesson 41
The influence of e-commerce has fundamentally changed the global marketplace by allowing businesses to sell products and services online.
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Then & Now
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The influence of e-commerce has fundamentally changed the global marketplace by allowing businesses to sell products and services online. This shift began in the 1990s and has grown exponentially with the rise of platforms such as Amazon and eBay. E-commerce enables consumers to shop from the comfort of their homes, offering a vast selection of goods and competitive pricing. Moreover, it has opened new avenues for small businesses, allowing them to reach global audiences without the need for physical storefronts. However, this rapid growth raises challenges such as cybersecurity threats and the need for regulations to protect consumers.
Key Facts
E-commerce has grown significantly since the 1990s.
Platforms like Amazon and eBay have revolutionized online shopping.
Small businesses can reach global markets through e-commerce.
Check Your Understanding
Question 1
1 of 2What has e-commerce primarily changed about shopping?
Why this still matters
This shapes your daily life in ways you stopped noticing.
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