Why is commence considered as a
backbone of industry and other busines activity explain in brief?
Answers
Answered by
1
Answer:
commerce is concerned as backbone of industry because of its two main features Trade and aids to trade. Trade is of three types internal,external and entreport. commerce is cosidered as a backbone to industry as it provides several facilities to industry like warehousing, insurance,banking,advertising etc.
Explanation:
hope you like the answer plz follow me on brainly
Similar questions
Math,
3 months ago
Hindi,
3 months ago
Social Sciences,
3 months ago
Computer Science,
6 months ago
Science,
6 months ago
Physics,
10 months ago
English,
10 months ago
English,
10 months ago