What Is The Importance Of Commerce?

Commerce ensures a free and smooth flow of goods from producers to consumers.

Commerce provides the advantages of specialisation.

It helps to better satisfy human wants by collecting and distributing goods.

Commerce provides the necessary link between the producers and consumers of goods.

Why is commerce so important?

Commerce helps in growth of industrial development

Without commerce, industry will find it difficult to keep the pace of production. It helps to increase demand for goods on one hand and on the other hand it helps industries by getting them the necessary raw materials and other services.

Why should I choose Commerce stream?

Commerce is soon becoming a new way of modern Life,setting a new direction for students to lead their life in the best possible way,to take the next step in business and follow the strategies to become successful.Commerce as a career choice is fast gaining importance and due to the popularity of commerce among the

What is the history of commerce?

Commerce had its beginning when the first humans started trading goods, but it wasn’t until money was introduced that what we think of as commerce really began. History of Commerce – With a focus on European development. Origin of Commerce- This source looks at Egypt and Ancient Greece.

What is the importance of trade?

The advantages of trade

Trade increases competition and lowers world prices, which provides benefits to consumers by raising the purchasing power of their own income, and leads a rise in consumer surplus. Trade also breaks down domestic monopolies, which face competition from more efficient foreign firms.