describe the journey from barter system to e-bazaar
Answers
The barter system was prevalent in ancient times when there was no money; people used to exchange their goods with others. However, this system had some difficulties such as for one pair of shoes how much wheat should be exchanged. Therefore, people began founding other measures to seek out this problem. Around the sixth century BCE, people began the use of coins that are still in use.
Though coins are still in use, in the colonial period of India we see the appearance of the Note Currency. People used currency to buy goods for their consumption. But now in the 21st century, a new form of the market has come into existence called the E-Bazaar.
Earlier permanent markets or weakly markets were there, but now the formation of E-Bazaar has changed the life of humans to an extent that they now could enjoy shopping without going anywhere. The recently open E-Bazaars has installed various stores under them such as we see grocery shops, restaurants, coffee shops and clothing and gift shops, in total everything required by us, is present there. Moreover, the use of currency has changed to some extent, as digital payment can be done now, so as we do not need cash at the time.