Question

what is commerce.......

Answer 1

Business Activities are grouped into two broad categories, i.e. industry and commerce.

Commerce is concerned with facilitating the exchange of goods and services in the economy. It is sub-classified as trade and auxiliaries to trade. Many think that trade and commerce are the same terms and can be used interchangeably. But the fact is both the terms are different from each other and carry different meanings.

Trade simply means buying and selling of goods and services in return for money or money’s worth.

Answer 2

Answer:

Commerce is the exchange of goods and services, especially on a large scale

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