65 Views

difference between trade and commerce


bhatsideeq5 6th Aug, 2020
Answer (1)
Anurag Khanna 6th Aug, 2020

Hello Aspirant,

Trade and commerce are totally different in many aspect, so let us discuss that :-

  • Trade is an economic activity which involves selling of different goods and services between two or more parties whereas commerce promote exchange of goods and services from the manufacturer to the last customer.
  • Trade has narrow expansion whereas commerce has wider expansion.
  • Trade establishes the connection only between user and seller but commerce establishes the connection from manufacturer to an end user.
  • If we talk about capital requirement then trade requires more capital as compare to commerce.

I hope that above points of differences makes clarity in your mind about trade and commerce.

Good Luck!!

Related Questions

Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
IBSAT 2025-ICFAI Business Sch...
Apply
IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books