मराठी

Concept of Trade

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Topics

  • Introduction
  • Evaluation of Trade System
  • Features
  • Types of Trade
  • Key Point Summary
Maharashtra State Board: Class 11

Introduction

Trade means buying and selling goods and services for money.

  • Trade involves the exchange of ownership from seller to buyer.
  • The main goal of trade is to earn profit by connecting producers and consumers.
  • Trade plays a vital role in a country’s economic growth.
Maharashtra State Board: Class 11

Evaluation of Trade System

Maharashtra State Board: Class 11

Features

Maharashtra State Board: Class 11

Types of Trade

Maharashtra State Board: Class 11

Key Point Summary

  • Commerce: All activities making trade possible.
  • Trade: Buying & selling only.
  • Barter: Old, now replaced by money for easier trade.
  • Modern commerce relies on banks, transportation, warehouses, insurance, and advertising.

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