give the meaning of trade and commerce
Answers
Answered by
6
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
please mark as brainliest ❤
❤MAY IT HELPED YOU ❤
Answered by
10
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
Similar questions
Computer Science,
3 months ago
Social Sciences,
3 months ago
Math,
3 months ago
Science,
8 months ago
Economy,
8 months ago
English,
11 months ago
Math,
11 months ago
Chemistry,
11 months ago