Question

refers to sale and purchase of goods and services for money:
1.Production
2.Exchange
3.Distibution
3.Consumption​

Answer 1

Answer:

The answer is 1.Production

Answer 2

The correct option is 2 Exchange.

Explanation:

• Commerce is the exchange of goods and services between economics.  
• The exchange of goods, services, or something of value between businesses or entities is referred to as commerce.
• In general, nations are concerned with managing commerce in a way that improves citizens' well-being by creating jobs and producing beneficial goods and services.
• A transaction is reffered to as  purchasing or selling of a product, whereas commerce is equal to the sum of all transactions of that item in an economy.