Advances in Economics, Management and Political Sciences

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Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 1

Series Vol. 5 , 23 April 2023


Open Access | Article

Research on the Influence of E-commerce Development on Social Economy

Hongyu Hou * 1
1 Birmingham Business School, University of Birmingham, Edgbaston, Birmingham, B15 2TT, United Kingdom

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 5, 79-83
Published 23 April 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Hongyu Hou. Research on the Influence of E-commerce Development on Social Economy. AEMPS (2023) Vol. 5: 79-83. DOI: 10.54254/2754-1169/5/20220064.

Abstract

The rapid development of e-commerce has indirectly contributed to the development of the national economy as it moves into people's lives and changes and influences their lives. As a new transaction mode different from the traditional one, e-commerce introduces manufacturers, distributors, consumers, and governments into a digital virtual space, allowing people to quickly accomplish more complex business activities without being restricted by geography and time. Integrating manual and electronic information processing into an inseparable whole optimizes the allocation of resources and improves the rigor and efficiency of business system operations. Therefore, the development of e-commerce has a multifaceted impact on society, the economy, and life. This paper analyzes the influence of e-commerce on people's consumption modes, the operation of enterprises, and the development of the financial market from many angles. Through the summary of these previous views, we will describe the impact of e-commerce on the social economy. The results show that the combination of e-commerce and traditional enterprises will be the future direction of economic development.

Keywords

Traditional economic, Influence Common development, E-commerce, Social economy

References

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2. Humphries, C. (2019, November 14). How our internet activity has influenced the way we shop: October 2019. How our internet activity has influenced the way we shop - Office for National Statistics. Retrieved October 1, 2022, from https://www.ons.gov.uk/businessindustryandtrade/retailindustry/articles/howourinternetactivityhasinfluencedthewayweshop/october2019

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2022 International Conference on Financial Technology and Business Analysis (ICFTBA 2022), Part 1
ISBN (Print)
978-1-915371-21-8
ISBN (Online)
978-1-915371-22-5
Published Date
23 April 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/5/20220064
Copyright
23 April 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated