Effects of ecommerce in developed countries
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The main way in which e commerce will affect the economy, in general, is its impact on productivity and inflation. The continued expansion of electronic commerce could also lead to downward pressure on inflation through increased competition, cost savings and changes in sellers' pricing behavior.
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Entrepreneur create monetary value for goods and service produced. Imagine if there were no entrepreneur as the country would be solely dependent on the imports and multinational companies they invest their own resources and also raise funds from investors who in turn expects good return the pooled capital results in wealth creation and circulation which is the essence of economic dependent of any country
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