Facebook Marketplace, launched by Facebook in 2016, is an online platform that allows users to buy and sell items within their local communities. The service was introduced as a response to the growing trend of people using Facebook Groups to sell items like furniture, cars, and notably, bicycles. What sets Facebook...

Basic Problems of Economics | Scarcity and choice are the cardinal problems faced by economists and the society at large. The study of economics is necessitated by scarcity and the problem created by scarcity has led to choice.