____ occurs when a market removes its traditional intermediaries.

Question

Quizplus · Accepted Answer

Disintermediation occurs when a market removes its traditional intermediaries, such as brokers, wholesalers or distributors, and allows consumers to buy directly from manufacturers or suppliers. This is often made possible by advancements in technology, such as e-commerce platforms or online marketplaces, which enable direct communication between buyers and sellers without the need for middlemen.

____ Occurs When a Market Removes Its Traditional Intermediaries