Political Science, asked by anupriyasingh36382, 4 months ago

compute industry and commerce​

Answers

Answered by virenderkumar575757
0

Answer:

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Answered by sushmaa1912
1

Commerce involves activities essential for facilitating the buying and selling of products.

Explanation:

  • The industry is an economic activity, concerned with the procurement and processing of raw materials into finished products, that reaches the customer.
  • Commerce may be a commercial activity, wherein exchange for goods and services for value, is completed on an outsized scale.
  • The industry involves the conversion of resources into useful goods.  
  • Commerce involves activities essential for facilitating the buying and selling of products.
  • The industry represents the assembly a part of business activities, whereas commerce involves the distribution a part of business activities.
  • Risk is high within the industry and low in commerce.

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