My solution address the challenge by providing ways by which inclusive trading is made possible in rural areas in order to increase access to new supply chains and markets so as to improve their livelihood. If these ways are exploited and fashioned in rural regions, inclusive trading will be made possible. The key ways to inclusive trading includes;
1. E
commerce and digital economy.
Rural areas must learn how to be involved in e-commerce and the digital eceonomy so as to have access to billions of product online from where supply can be made for better livelihood. The internet is seen as a reservoir of any product in demand and supply is made possible when assessed and an order is made.
2. Fashioning of laws and regulations.
Rural areas may have rules and regulations which restrict both internal and external trades, in this regards, they should fashion these rules and regulations so as to enhance inclusive trade.
3. Identification of vulnerabilities and ambiguities.
This is mostly related to gender differences in trade, for example women transporting certain products are considered as smuglers while men are overlooked in thesame instance, such a situation ought to be curbed so as to avoid inclusive trade limitation.
4. Development of accsessable roads electricity and infrastructures.
These will enhance the supply products upon demand without challenges. Electricity on its own is important to power devices which will be used for online business transactions and other business activities.
5. Exploration and selective purchasing of urban products by traveling, connecting and other means.
This leads to exposure to different products in cities which when purchased and made available in rural areas, improves livelihood and upgrades the standard of living.
Comments