‘Buying and selling can take place without going to a marketplace.’ Explain this statement with the help of examples.

Buying and Selling Beyond Physical Marketplaces:
1. E-commerce Platforms: Websites like Amazon, eBay, and Alibaba facilitate transactions without visiting a marketplace, allowing purchases online.

2. Social Media Marketplaces: Platforms such as Facebook Marketplace and Instagram Shops enable sales directly through social media profiles.

3. Online Auctions: Websites like eBay allow bidding and buying items remotely, bypassing the need to visit physical auction houses.

4. Cryptocurrency Exchanges: Digital platforms facilitate buying and selling cryptocurrencies without a physical market presence.

5. Mobile Payment Systems: Apps like PayPal and Venmo allow electronic transactions, eliminating the necessity of physically going to a marketplace.

These examples illustrate how technology has expanded commerce, allowing transactions to occur seamlessly beyond physical marketplaces through various online platforms and digital systems.