It cannot be denied that, virtual shopping has become more popular among individuals in many countries. Many people think that it is deleterious to our economy since it cause to decline the retail shops. I also agree with this view.
Nowadays, people tend to buy everything from their home since each and every necessary products are available on online. Therefore, the majority of the people do not go to the market, consequently local shops also decline. When a person go outside for their necessary products, it involves many economical issues. Firstly, the have to use a local transport, that is important to our economy. Secondly, there are various retails shops because different shops is needed for different items. Such as Fish, meat or vegetable shops area separated from cloth shops. Moreover, bookshops or other special shops also in different place. So that number of employments also increase when shop number become rise. Consequently, it is become helpful to our overall economy.
However, now it is very common to purchase different items from one shop through online. So that only one shop become beneficial rather than various person which is involves physical shopping. Furthermore, many items are now purchasing customers from direct producers. For instance, many cloths, sports items or cosmetics producer sale their products to direct customer through online. As a result, only producer make profits rather than other like, wholesaler, retailer or even transport driver. Not only that, the significant portion of people tended to order food on online rather than going restaurants. In that cases, they order their food from only reputed restaurants. Therefore, number of restaurants also decline as well as it effect on local economy.
In conclusion, although online shopping is convenient to our lives and we can buy anything from our home, it has many adverse consequence on our local economy. So that, overall it cannot a good work for our economy.