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EBay and Craigslist are examples of what model of electronic commerce?

User Steve Ross
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Final answer:

eBay and Craigslist are examples of electronic commerce platforms that showcase the integration of technology and globalization in markets, functioning as C2C and B2C marketplaces respectively.

Step-by-step explanation:

eBay and Craigslist are examples of electronic commerce, specifically from the subset known as consumer-to-consumer (C2C) and business-to-consumer (B2C) platforms. These sites exemplify the shift towards technology and globalization in market definitions. On eBay, individuals and businesses can sell goods to a broad audience, while Craigslist provides a classified ads platform where people can sell items locally or engage in various services. Both websites reflect the increasing accessibility of markets thanks to the internet and the rising competition faced by local retail businesses due to this vast digital marketplace.

User Mukul Aggarwal
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