Business Studies, asked by sg7980882212, 7 months ago

what is meant by industry and how does it differ from commerce?

Answers

Answered by radhikagoyal336
3

Answer:

Business activities may be broadly classified into two categories— industry and commerce. Industry is concerned with the processing of materials and production of goods, whereas commerce is concerned with the distribution of those materials and goods. aids to trade. Trading is an activity of buying and selling.

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