Question

What is commerce and its significance in modern life?

Answer 1

Answer:

Commerce is a study of trading and business. it is also an activity of buying and selling especially in large scale. It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade.

its significance in modern life are

• Social influence in the country are also influenced by commerce.
• Commerce helps to increase our standard of living.
• Commerce acts as a catalyst between the manufacturers and customers.
• It helps to better satisfy human wants by collecting and distributing goods.

Answer 2

Answer:

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