How Online Shopping Impacts The Economy

As technology continues to evolve and improve, many people are turning to online shopping as their preferred method of purchasing goods. This is especially true for younger generations who have grown up with the internet and see it as a natural part of life. While some people worry that this trend will hurt local businesses by removing foot traffic from brick-and-mortar stores, most economists agree that online shopping actually benefits the economy in several ways:

Online shopping allows people to save money on transportation expenses.

When you shop online, you can save money on transportation expenses. Instead of driving to the store and spending money on gas, parking fees and other time-consuming costs associated with shopping in person, you can simply order what you need from the comfort of your home.

Online shopping also saves time! If it’s raining outside or snowing heavily enough that roads are covered in ice and snow (or even just raining lightly), there’s no reason why anyone would want to go out into those conditions unless they absolutely have to do so. It may seem like a good idea when they’re standing there thinking about it but once they’re actually out there walking around trying …