Question

give the meaning of trade and commerce​

Answer 1

Trade is referred to as a basic economic activity that involves buying and selling of different goods and services between two or more parties involved in the transaction. Commerce involves all the activities that aid in promoting the exchange of goods and services from the manufacturer to the last customers.25 Apr 2020

Trade requires more capital: Commerce has less capital requirement

Less as compared to commerce: More in comparison with trade

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Answer 2

Answer:

Trade:-the action of buying and selling goods and services.

Commence:-Commerce is the conduct of trade among economic agents. Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities

Explanation:

Actually both of their meaning is nearly same