Commerce is the exchange of goods and services, especially on a large scale. It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade.
In the economic sense, “commerce” refers to the conduct of trade among economic agents. Commerce generally affects the well-being and welfare of citizens and residents, as it is known to directly impact the money which people have and their job opportunities as well. The term “commerce” may also refer to the buying and selling of commodities globally or across borders – between governments and between business firms.
Senior secondary School.
Lessons
SS2 Commerce: Revision on Sole Proprietorship.
PreviewChristmas Term; SS2 Commerce. Scope and Functions of Commerce Lesson 2. WAEC
In this lesson, we learn what commerce is all about. We also learn the branches of commerce as well as the nature and functions of each branch. The lesson…
SS2 Commerce, Lesson 2, Christmas Term. Trade and Purpose of Trade.
TRADE Trade involves the transfer of goods or services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows…
SS2 1st CA On Commerce. Christmas Term.
SS 2 1st C A on Commerce, Christmas Term. 1. Write ‘How you intend to start a business as a “Sole Proprietor”. 2. When starting a…
SS2 1st C. A Commerce. Christmas Term.
SS2 1st CA, Bookkeeping. Christmas Term. What is single entry system ? Prepare a single column and double column single entry system of bookkeeping…
SS2 Commerce Lesson 4, Christmas Term. Introduction to Retail Trade.
Lesson 4 Retail Trade. Retail trade is the business activity associated with the sale of goods to the final consumer, the ultimate customer. It is the link between wholesalers…
SS2 Christmas Term, Lesson 6 Commerce. Factors To Consider Before Starting A Retail Business
Lesson 6 Factors to Consider Before Starting a Retail Business . Base on the definition that Retail trade is the business activity associated with the sale of goods to…
YHWH HAMASCHIAC School, SS2 Christmas Term Examinations. Commerce.
YHWH HAMASCHIAC School Examination. Term: Christmas. Subject: Commerce. Class: SS2. Time : 1 hr 30 minutes. Instruction: Answer 4 questions. Question 3 and 4 very compulsory.…
Easter Term Lesson 1, SS2 Commerce. Public Enterprise ( history).
History of Public Enterprise ( PE) Public enterprises ( PEs) came into existence as a result of the expanding scope of public administration. The advent of…
Easter Term Lesson 2, SS2 Commerce . Public Enterprise ( History).
History of Public Enterprise ( PE) Public enterprises ( PEs) came into existence as a result of the expanding scope of public administration. The advent of the concept of…
SS2 Easter Term Lesson 3, Commerce. Trade Associations
Trade Associations Definition of Trade Associations “A trade association is a voluntary organization of independent business units in the same branch of industry, which conducts…
SS2 Easter Term Commerce , Lesson 4. The Chambers of Commerce.
Chamber of Commerce What Is a Chamber of Commerce? A chamber…
SS2 Easter Term Lesson 5, Commerce. Chambers of Commerce. The Consortium.
The Consortium. What Is a Consortium? A consortium is a group made up of two or more individuals, companies, or governments that work together to achieving a common objective.…
SS2 Easter Term Lesson 6, Commerce Foreign or International Trade (continuation). Foreign Trade.
Foreign or International Trade. International trade is the exchange of capital, goods, and services across international borders or territories due to a need or want of goods or services. In most countries,…
Easter Term, SS2, Lesson 7, Commerce. Topic: Barriers to International / Foreign Trade.
Barriers to Foreign Trade Trade barriers are government-induced restrictions on international trade, which generally decrease overall economic efficiency. LEARNING OBJECTIVES Explain the different…
YHWH HAMASCHIAC School, SS2 Commerce C.A. Easter Term.
YHWH HAMASCHIAC School, SS2 Commerce C.A. Easter Term. Time: 1 hour 30mins. Instruction: answer all questions. 1. List out 4 features of co-operative society •…