history of trade and commerce class 11 business studies notes in pdf form
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8
Answer:
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❥˙๑ Trade originated with human communication in prehistoric times. Trading was the main facility of prehistoric people, who exchanged goods and services from each other in a gift economy before the innovation of modern-day currency. Peter Watson dates the history of long-distance commerce from circa 150,000 years ago.
Trade can be divided into following two types, viz.,
- Internal or Home or Domestic trade.
- External or Foreign or International trade.
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18
Explanation:
→[1+3+5+7+9+11+13+15
=4+5+7+9+11+13+15
=9+7+9+11+13+15
=16+9+11+13+15
=25+11+13+15
=36+13+15
=49+15
=64
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