what is the important of commerce
Answers
Answer:
Commerce links producers and consumers.
Production is meant for ultimate consumption. Commerce makes possible to link producers and consumers through retailers and wholesalers and also through the aids to trade. Consumers get information about different goods through advertisements and salesmanship.
Explanation:
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1. Commerce tries to satisfy increasing people's wants
2. Commerce helps to increase our standard of living
3. Commerce links producers and consumers
4. Commerce create employment/ work opportunities
5. Commerce increase National income
6. It helps expansion of aids to trade
7. Commerce helps in growth of industrial development
8. Commerce encourages international trade
9. Commerce benefits underdeveloped countries
10. Commerce helps during emergencies