Title: Trade : Meaning, Importance, Forms & Aids Of Trade - TIPSINFLUENCER
Headings: Trade : Meaning, Importance, Forms & Aids Of Trade
Trade : Meaning, Importance, Forms & Aids Of Trade
Meaning Of Trade:
Importance Of Trade
Forms Of Trade
A) Home Trade:
B) Foreign Trade:
Aids Of Trades
Insurance

Content: It is the transfer of goods and services from one person or entity to another, following payment or exchange of goods. It is sometimes called Commerce or Financial transaction or even barter. A network that allows trade is called a market. Trade is an important factor of production, because in its absence, the producer or manufacturer will not do business, since every business is set up to make profit. Importance Of Trade
1. Trade enhances production of goods and services. 2. It creates employment even for people who cannot read or write. 3. It gives room for variety of items to be produced.