1. World problems
  2. Dependence on costly trading intermediaries

Dependence on costly trading intermediaries

  • Profiteering by middlemen
  • Prohibitive cost of trading intermediaries
  • Unnecessary market middlemen
  • Costly agency operations

Nature

Dependence on costly trading intermediaries refers to the reliance on third-party entities, such as brokers or financial institutions, to facilitate transactions in markets. This dependence can lead to increased costs for consumers and businesses, as intermediaries often charge fees for their services. Such costs can hinder market efficiency, limit access to financial resources, and create barriers for smaller participants. Additionally, reliance on intermediaries can introduce risks related to transparency and trust, as the intermediary's interests may not always align with those of the trading parties. This issue highlights the need for more direct trading solutions and innovative financial technologies.This information has been generated by artificial intelligence.

Claim

Dependence on costly trading intermediaries is a critical issue that stifles innovation and economic growth. These intermediaries often impose exorbitant fees, creating barriers for small businesses and individual investors. This reliance not only limits access to markets but also perpetuates inequality, as only the wealthy can afford to navigate these systems. We must advocate for more transparent, efficient trading solutions that empower all participants, fostering a fairer and more inclusive financial landscape.This information has been generated by artificial intelligence.

Counter-claim

Dependence on costly trading intermediaries is a non-issue in today's digital age. With the rise of technology, individuals and businesses can access markets directly, reducing reliance on expensive middlemen. The proliferation of online trading platforms and decentralized finance empowers users to make informed decisions without incurring hefty fees. Instead of viewing intermediaries as a problem, we should embrace innovation that enhances market accessibility and efficiency, rendering this concern obsolete.This information has been generated by artificial intelligence.

Broader

Profiteering
Presentable

Narrower

Aggravates

Aggravated by

Reduced by

Strategy

Value

Unnecessary
Yet to rate
Undue
Yet to rate
Self-control
Yet to rate
Prohibition
Yet to rate
Profiteering
Yet to rate
Independence
Yet to rate
Dependence
Yet to rate
Costliness
Yet to rate

SDG

Sustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
World problems
Type
(D) Detailed problems
Biological classification
N/A
Subject
  • Commerce » Agencies, dealers
  • Commerce » Finance
  • Commerce » Market
  • Commerce » Purchasing, supplying
  • Commerce » Trade
  • Cybernetics » Control
  • Social activity » Agency
  • Societal problems » Dependence
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    D4632
    DOCID
    11446320
    D7NID
    149846
    Last update
    Oct 4, 2020