Differentiate between trade , commerce and industry.

1.	Differentiate between trade , commerce and industry.
Answer» Trade:- it refers to sale transfer of exchange of goods and services. Traders act as a link between the manufacturer and the consumerCommerce :- it refers to all those activities which help directly aur indirectly in the distribution of goods to the ultimate consumerIndustry :- it refers to an economic activity which is concerned with conversion of resources into useful goods

Discussion