Commerce includes:
a) Business and industryb) Business and trade
c) Trade and aids to trade
d) None of the above
Answers
Answer:
business and industry
Commerce includes:
a) Business and industry
b) Business and trade
c) Trade and aids to trade
d) None of the above
The Correct Option is...
✔ b) Business and trade
Explanation ⦂
Commerce includes both business and trade.
Commerce refers to the purchase and sale of products.
The word commerce is similar to business and can be used as synonyms for both business and trade. Commerce includes all commercial activities. Commerce is the term under which business activities are performed for the purpose of any profit.
Variety activities include all activities like production, marketing, purchase and sale etc. The area of commerce is huge and all businesses in relation to economics come under commerce.
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