Question

difference between trade and business

Answer 1

Trade is part of business activity andbusiness is a term used for all the activities performed by a businessenterprise. ... Trade is the buying and selling of products or goods. andbusiness is dealing in any activity to earn profit either by selling or buying of goods and services but for the sake of profit.

Answer 2

Trade refers to buying and selling of goods and services.
Business refers to production and exchange of goods and services for the sole motive of earning profit.


Trade has less risk as compared to business

Business has lot of risk.


Trade need less capital investment as compared to business.

Business needs more capital investment.


Trade is a part of commerce
Business is production and exchange of goods and services.