Digital Economy And Politics Questions
The role of e-commerce in the digital economy is significant as it serves as a platform for buying and selling goods and services online. It enables businesses to reach a wider customer base, eliminates geographical barriers, and reduces transaction costs. E-commerce also promotes innovation, as it allows for the development of new business models and the integration of emerging technologies. Additionally, it facilitates the collection and analysis of consumer data, which can be used for targeted marketing and personalized customer experiences. Overall, e-commerce plays a crucial role in driving economic growth, enhancing efficiency, and transforming traditional business practices in the digital economy.