Discuss the concept of virtual markets in agric... - JSS1 Agricultural science Understanding Agricultural Markets Question
Discuss the concept of virtual markets in agriculture.
A virtual market in agriculture is one that operates exclusively online. The rise of online markets impacts:
- Accessibility: Providing a platform for producers and consumers to connect without physical constraints.
- Efficiency: Streamlining the buying and selling process.
- Implications: Affecting traditional market structures and competition dynamics.
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