Question

Justify the following statement.

Industrial activities take place before commerce starts its role.

Answer 1

1. Industry and commerce are the two parts of the business.
2. Both the parts are complementary to each Other.
3. One cannot function without others.
4. Industries look after the production of goods and services and commerce takes care of the distribution of the goods produced.
5. Obviously the production of goods comes first and it is followed by the distribution or selling of goods.
6. Thus, industrial activities take place before commerce starts its role