Tag Archives | Business Activities

Difference Between Trade, Commerce and Industry

This article will help you to learn about the difference between trade, commerce and industry. Difference Between Trade, Commerce and Industry Trade 1. Trade is that branch of commerce which deals with exchange or transfer of goods and services. 2. The origin and development of trade is the result of the prevalence of barter system. 3. It includes sale and [...]

By |2023-02-19T19:26:21+05:30February 6, 2017|Difference Between|Comments Off on Difference Between Trade, Commerce and Industry
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Development of Commerce: 5 Stages | Management

This article throws light upon the five stages of development of commerce. The stages are: 1. Primitive Stage 2. Barter Stage 3. Start of Trading 4. Town Economy Stage 5. International Trade. 1. Primitive Stage: In the olden days, the needs were very few and men produced only those things which they essentially needed and consumed. The man tilled the [...]

By |2017-02-21T06:35:28+05:30February 6, 2017|Business|Comments Off on Development of Commerce: 5 Stages | Management
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