Auctions Cynthia Fultz RES110/Introduction to Research and Information Utilization June 21, 2010 Janet Robinson The best fun in the world is the time one can subsist is that of invention connoisseurs battling over a fine piece of nontextual matter (Foulkes, 2010). Auctions be possessed of endured the test of time, going back to quaint Roman days, a time in which women were sold for the decide of providing wives for marriages, to sophisticated golf club to play a lively role in modern American life. The ontogeny and bring forward of this bidding is still with by person but has qualified well to the realistic web world. Because of the continued success and evolution of this once crude(a) way of buying and selling of goods and merchandise, it is important to revisit the past. This ordain put up insight and details regarding how the live auctioneers stimulate the mogul to compete with the ever evolving virtual auctioneering world. Auctions are a fun, remunerative and effective way to sell property and provide a win-win solution for some(prenominal) the seller and the buyers (National Auctioneers Association, 2008). Auctions create an excitement for two the live experience and for the Internet buyer.
The history of auctions in the relate States mirrors the lifestyles and values of the American people (Cross, 2004). Among colonial merchants, fish and wipe out were common auction wares. In agrarian communities, auctions were a groovy method for trading livestock and farm equipment (Cross, 2004). Prior to the abolishment of slavery, auctions were th e preferred method for buying and selling sl! aves in the American south (Cross, 2004). In urban locales, swap meets and penny markets unregenerate up as an underground economy when there was a need for cheap used goods (Cross, 2004). The growth of auctions continued through and through the Great Depression in 1929 and continued to prosper oppose after World War II. By the 1990s, with the use of computers and ramify technology, the auctions were being used in the business arena....If you want to train a full essay, order it on our website: OrderCustomPaper.com
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