Business Studies, asked by nainamaheshwari, 9 months ago

Why commerce is of great importance in modern life?

Answers

Answered by nihardshadli
3

Explanation:

Commerce is an organized system for the exchange of goods between the members of the industrial world." ... "Commerce is that part of business which is concerned with the exchange of goods and services and includes all those activities which directly or indirectly facilitate that exchange."

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Answered by mysticaldimple88
2

Answer:

hy

Explanation:

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Increase in production results in increasing demand, which further results in boosting employment opportunities. Thus the development of commerce generates more and more employment opportunities for millions of people in a country.

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