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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

Brief Note On Evolution of Industry

After reading this article you will learn about the various stages in the evolution of industry. Since the early middle ages there were not many kinds of industries, because the needs of the people were limited. They were only interested in meeting the basic necessities of life such as food, clothing and housing. The people were not much literate and [...]

By |2017-02-06T21:14:30+05:30February 6, 2017|Industries|Comments Off on Brief Note On Evolution of Industry
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