name the services Which help in removing hindrances in commerce
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Aids to trade/Auxiliaries to trade are those services which helps in removing the hinderences that comes in Trading.
There are many Hinderences comes, in the way of trade...
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1. Hinderance Of Gap between Producer and Consumer= Since, Producer & Consumers are not at the same place, So it is the first hinderance that comes in the path of trade. It is removed by a middleman, who transfer goods from production place to consumer place.
2. Hinderances of Storing produced goods= Since, extra gopds are produced so Storing them is a problem. This hinderance is removed by Warehousing facilities to store produced goods.
3. Hinderances of Finance= Every Producer has problem of Capital. since, production requires huge amount of Investment. So, There are banking facilities to remove those hinderances.
4. Hinderances of Risk= This is a major problem which comes in the path of trading of goods. There are insurance companies who insure goods and remove this hinderance.
5. Hinderances of Information= Any consumer will not buy any products about which he doesn't know. so, this is also a hinderances which comes in the path of trade. It is removed by Advertisement of goods.
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☺️☺️☺️☺️☺️☺️
________________________________________________
Aids to trade/Auxiliaries to trade are those services which helps in removing the hinderences that comes in Trading.
There are many Hinderences comes, in the way of trade...
Like...
1. Hinderance Of Gap between Producer and Consumer= Since, Producer & Consumers are not at the same place, So it is the first hinderance that comes in the path of trade. It is removed by a middleman, who transfer goods from production place to consumer place.
2. Hinderances of Storing produced goods= Since, extra gopds are produced so Storing them is a problem. This hinderance is removed by Warehousing facilities to store produced goods.
3. Hinderances of Finance= Every Producer has problem of Capital. since, production requires huge amount of Investment. So, There are banking facilities to remove those hinderances.
4. Hinderances of Risk= This is a major problem which comes in the path of trading of goods. There are insurance companies who insure goods and remove this hinderance.
5. Hinderances of Information= Any consumer will not buy any products about which he doesn't know. so, this is also a hinderances which comes in the path of trade. It is removed by Advertisement of goods.
_________________________________________
☺️☺️☺️☺️☺️☺️
RohitSaketi:
*hindrance
*hindrance of knowledge
*hindrance of time
side headings u should be sharp.. not lengthy..overall well attempted
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the services which helps in removing hindrance of knowledge
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