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  • Shops are closing as buying things online is cheaper as the companies dont have to pay rent on their shops and warehouses etc
  • You also have to pay for computers and updates
  • Computers are taking over the jobs of humans, for examplerecording the payments of each bank account
  • The cost to run a bank has gone down, this means that it is now free to have a bank account, whereas before the majority of people couldnt afford one
  • This means that you can pay by cheques, debit cards and credit cards for quicker and easier payments
  • Which will result in less jobs for the people who used to count all the payments that came in
  • It also results in more jobs in the technology side of things as it is continously expanding and you need people to write and run the new programs and systems

Hope this helps!

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Q: What are the economic effects of using computers?
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