Business Studies, asked by jatinchaudhary2256, 10 months ago

Differentiate between Industry, Commerce and Trade, explaining the main characteristics of each.

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Answered by bhanuprakashreddy23
3

Explanation:

Industry: It involves manufacturing activities such as extraction, construction and production of goods. Commerce: It involves distribution of products produced by industries, Trade: It involves transfer or exchange of products distributed by commerce. Industry: Requires huge amount of capital to establish industry

Answered by Anonymous
6

Explanation:

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