The Impact of Online Market on The Economy of Citizens

Abstract

A new convenient method of shopping is online shopping. Consumers choose online shopping mostly because it offers them more product options, allows them to purchase whenever and wherever they want, and allows them to save time and money. This paper aims to identify how the economy of citizens is impacted by the online market. A self-questionnaire form was used to collect data, which was sent out at random through email and messenger during one month in 2022 to residents of the Kurdistan Region of Iraq. The most important effects of the online market on the economics of people in the Kurdistan Region of Iraq were examined using the independent sample t-test, one-way ANOVA, chi-square test, and regression analysis.

Since men and married people spent more money than women and single people, increasing monthly income will also increase monthly spending, as will increasing monthly online expenditure. Increasing age and level of education will also increase the monthly expenditure.