commerce

transactions (sales and purchases) having the objective of supplying commodities (goods and services) the United States federal department that promotes and administers domestic and foreign trade (including management of the census and the patent office)

created in 1913 social exchange, especially of opinions, attitudes, etc.

''This article is about the business concept; Commerce is also the Commerce (U.S. place)name of several places in the United States''.Commerce is the trading of something of value between two entities. That "something" may be goods, services, information, money, or anything else the two entities consider to have value. Commerce is the central mechanism from which capitalism and all other economic systems are derived.The process of transforming something into a commercial activity is called commercialization.

History of Commerce - Commerce has its origins from the very start of communication in prehistoric times. TradeTrading was the main facility of prehistoric people, who bartered what they had for goods and services from each other. Peter Watson dates the History of international tradehistory of long-distance commerce from circa 150,000 years ago.mnIdeas1501 Later, currency was introduced as a standardized money to facilitate a wider exchange of goods and services. Numismatists have examples of coins from the earliest large-scale societies, although these were initially unmarked lumps of precious metalmnOriginsOfMoney2 . The major advantage to commerce of circulating a standardized currency is that money overcomes the "Double coincidence of wants" necessary for barter trades to occur. For example, if a man who makes pots for a living needs a new house, he must hire someone to build it for him. But he cannot make an equivalent number of pots to equal this service done to him, and even if he could the house builder might not want the pots. Currency solved this problem by allowing values to be assigned to things so that goods and services can in a way be effectively collected and stored for later use, or split among several providers. Today commerce involves a complex system of corporationcompanies that try to maximise their profits by offering product (business)products and services to the market, which consists both of individuals and other companies, at the lowest Production, costs, and pricingproduction cost. There is a system of world wide commerce, which some argue has gone too far (''see main'': Free trade).

See also -

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Agriculture

Business

Capitalism

Distribution (marketing)

* Wholesaler

Harvesting

* Retailer

Industry

EconomicsEconomy

Electronic commerce

Fishery

Laissez-faire

Manufacturer

Manufacturing

Marketing

Mass production

Notes - mnbIdeas1501 Watson, Peter Title=Ideas : A History of Thought and Invention from Fire to Freud Publisher=HarperCollins Year=2005 ID=ISBN 0-06-621064-X Introduction.mnbOriginsOfMoney2 Gold was an especially common form of early money, as described in ex.ac.uk - Origins of Money and of Banking Davies, Glyn Title=Ideas : A history of money from ancient times to the present day Publisher=University of Wales Press Year=2002 ID=ISBN 0-70-831717-0 !category:BusinessCategory:Comm erce!*ar:تجاž 5;ةca:Comerçfr:Commerce io:Komercoit:Commerciopt:Comé rciovi:Thương? mạizh:商业

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