Social Sciences, asked by Anonymous, 2 months ago

Write a note on the growth of trading class❔​

Answers

Answered by mantasha007
9

An early form of trade, barter, saw the direct exchange of goods and services for other goods and services.[1][need quotation to verify] Barter involves trading things without the use of money.[1] When either bartering party started to involve precious metals, these gained symbolic as well as practical importance.[citation needed] Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later of credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade.

Answered by vaishalikale1501
3

Answer:

trade has increased due to migration of pple especially from rural to urban centers and urban to uban centres. trade is an earning foreing exchaanges and also trade can be done through battertrade the same as exchange of goods .

Explanation:

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