Importance of Commerce

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Importance of Commerce

Postby John » Mon Dec 16, 2013 5:23 pm

why need commerce? what is the importance of commerce? why want to learn commerce?
John Abraham
John
 
Posts: 419
Joined: Wed Jun 05, 2013 9:15 pm

Re: Importance of Commerce

Postby John » Mon Dec 16, 2013 5:25 pm

The importance of trade and commerce are mentioned in following points :
1. Commerce tries to satisfy increasing human wants
2. Commerce helps to increase our standard of living
3. Commerce links producers and consumers
4. Commerce generates employment opportunities
5. Commerce increases national income and wealth
6. Commerce helps in expansion of aids to trade
7. Commerce helps in growth of industrial development
8. Commerce encourages international trade
9. Commerce benefits underdeveloped countries
10. Commerce helps during emergencies
John Abraham
John
 
Posts: 419
Joined: Wed Jun 05, 2013 9:15 pm


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