Tag Archives | Commerce


Commerce includes all those activities which play a key role in the transfer of goods from their place of production (producers) to their place of final consumption (consumers). In simpler terms, commerce can be defined as all functions connected with the buying and selling of goods and services. In other words, commerce deals with the movement of goods from the [...]

By |2020-10-03T18:08:08+05:30October 3, 2020|Commerce|Comments Off on Commerce

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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