Question

what is commerce ? explain ​

Answer 1

Answer:

Generally, commerce refers to the exchange of goods, services, or something of value, between businesses or entities. From a broad perspective, nations are concerned with managing commerce in a way that enhances the well-being of citizens, by providing jobs and producing beneficial goods and services.

Explanation:

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Answer 2

Answer:

Commerce is a very important part of any business. ... Since commerce requires a lot of processes to be completed, it easily generates various employment opportunities in other areas such as transport and logistics, banking, and retail. Commerce overall is an essential component of national development and wealth creation.