explain development commerce in India?
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The development stages of commerce in India:
The traditional system of producing goods for one's need gave way to the barter system which involves the exchange of goods for goods. ... Revolution in industries followed by transportation and communication led to the final flourish of trade and commerce
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There are 5 stages of development of commerce: 1. Primitive Stage: At this stage trade is not known and the entire work was done by family members itself. 2. Barter Stage: At this stage people started to exchange things for things and started to produce goods in which they are specialised.
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