Matric Notes Class IX Pakistan Studies E-Commerce and Industrial Progress is Possible in Pakistan

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E-Commerce

Introduction

It means business through electronic media. This is world of computer technology. It is now being used in the industry, commerce and homes. Now one car deal with the others with the help of a computer. the world has become a global village.

Advantages of E-Commerce

E-Commerce is the new method of doing business in the world. Different industries advertise their products on the internet with their prices. Whereas every person sitting at home or in office can see the pictures and prices, of the commodities of those industries through internet. One can directly take information from the company. by E-Commerce, we can sell anything at suitable prices, and can earn profit. This is called E-Commerce business.

By Using Credit Cards

Money can be transferred through credit cards. Those people who have credit card can purchase everything from factories and get delivery through courier within few days.

Industrial Progress is Possible in Pakistan

Pakistan is an under-developed country there prevails poverty among the people. Drought, environmental pollution, low income, lawlessness, and illness are the main causes for backwardness in agriculture and industry. Hence the country cannot progress. Our progress mostly depends upon agriculture and industrial sector. Similarly imports, exports and means of transportation are the basis of the progress of a country. Either it is private sector or the public sectors, both are very important. E-Commerce can play a vital role in the development of the economy in such a way that living standard of present generation may increase.

Pakistan industrial progress depends upon the following factors:

1. Agriculture
2. Means of transportation and communications.
3. Best utilization of natural resources.
4. Financial resources
5. Increase of the capability of human productivity resources.
6. Increase of the supply of goods to the international market.
7. Promotion of banking.
8. Emphasis on the technology.
9. Expansion of the markets.
10. Increase in the income of the people so that they may increase their consumption and savings.