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Question
What is commerce? Who is the father of commerce.
What is commerce? Who is the father of commerce.
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Solution
Answer:
Commerce is the area of study concerning the business, financial information/transactions, trading, merchandising and trading of economic values. For economic agents, trade functions as trading conduct. It also plays a critical role in growing citizens’ well-being through the provision of goods and services that are beneficial to them.
- Trade is related to as the act of trade among clients or business organizations, including the exchange of goods or something that is important.
- As per Greek mythology, the father of commerce is Poseidon.
- He’s the sea god, and he used it for trade. Trading is critical business, so he is considered to be the father of commerce.
Answer:
Commerce is the area of study concerning the business, financial information/transactions, trading, merchandising and trading of economic values. For economic agents, trade functions as trading conduct. It also plays a critical role in growing citizens’ well-being through the provision of goods and services that are beneficial to them.
- Trade is related to as the act of trade among clients or business organizations, including the exchange of goods or something that is important.
- As per Greek mythology, the father of commerce is Poseidon.
- He’s the sea god, and he used it for trade. Trading is critical business, so he is considered to be the father of commerce.
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