Question

differentiate between industry trade and commerce ​

Answer 1

⭐HEY MATE ⭐

HERE IS YOUR ANSWER:-

Difference Between Industry, Commerce And Trade. 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.

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Business Activities are grouped into two broad categories, i.e. industry and commerce. Commerce is concerned with facilitating the exchange of goods and services in the economy. ... Trade simply means buying and selling of goods and services in return for money or money's worth.

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