Question

why is commerce considered as the backbone of industry and other business activity?​

Answer 1

Answer:

Commerce includes such things as trade between large companies and trade between nations. We can argue that this is the backbone of industry and other business activities because it creates a way in which those activities can be made profitable. Without commerce, there would be no reason for industry

Answer 2

Answer:

Commerce is considered is the backbone of industries because it is the feeder plant of all the industries. It's product s is used as the raw material of other industries.