Mercantilism and eBay eBay operates just like a modern day flee market and in many ways eBay operates similar to the old Mercantilism style of economic system.
Mercantilism and eBay
eBay operates just like a modern day flee market and in many ways eBay operates similar to the old Mercantilism style of economic system. Merchants gather together to buy and sell their products, but unlike the old market places these merchants now gather on-line. With eBay itself, being the chief merchant the owner of the village market so to speak.
"Mercantilism allowed the market to operate, but it kept the market under …
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WRHambrecht. "Raising Rating and Estimates." (2001): 19 August 2002. <http://www.wrhambrecht.com/sector/emarket/notes/eBay20010119.pdf>
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