difference between industry ,commerce,and trade
Answers
Answered by
4
Answer:
Industry is related to production of goods and services. commerce is related to distribution of products and trading is related to the transfer (exchange) of goods and services.
follow me ..
Answered by
9
Answer:
Industry
It is type of business organisation who convert into useful resources.It is used for collection of industry who are doing same work.
Commerce
It includes both trade and auxiliaries to trade. We can say commerce refers to exchange of goods and services and activities which assist this exchange.
Trade
Exchange of goods and services between state or between countries for value is known as trade.
Similar questions
Math,
6 months ago
Physics,
6 months ago
Social Sciences,
1 year ago
History,
1 year ago
Math,
1 year ago