Business Studies, asked by dishasaxena2001, 1 year ago

Why commerce is consider as the back bone of industry and other business activities

Answers

Answered by harpreetk

1

becoz it provides aids to trade
aids to trade refers to the hindrances in trading
these are ..

hindrances AIDS
insurance banking
stocking warehousing
place transportation
time communication

as commerce overcomes these hindrances that is why it is considerd as the backbone of industry nd other business activities.

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