Question

Write two points of difference between Industry and commerce.

Answer 1

Explanation:

Business is an economic activity, concerned with the provision of goods and services with an aim of earning a profit. There is two major classification of business activities, i.e. industry and commerce. The industry is all about the production of goods, whereas commerce focuses on their distribution of goods and services.

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Answer 2

Hey Mate !

Difference Between Industry and Commerce: The industry is all about the production of goods, whereas commerce focuses on their distribution of goods and services. Industry implies all the activities that are concerned with the conversion of raw materials into finished goods

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