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Commerce is the exchange of goods and services, especially on a large scale.

Etymology

The English-language word ''commerce'' has been derived from the Latin word ''commercium'', from ''com'' ("together") and ''merx'' ("merchandise").

History

Historian Peter Watson and Ramesh Manickam date the history of long-distance commerce from circa 150,000 years ago. In historic times, the introduction of currency as a standardized money facilitated the exchange of goods and services. Banking systems developed in medieval Europe, facilitating financial transactions across national boundaries. Markets became a feature of town life, and were regulated by town authorities.

See also

* Advertising * Bachelor of Commerce * Business * Capitalism * Commercial law * Distribution (business) ** Wholesale ** Retailing * Cargo * Eco commerce * Economy * Electronic commerce * Export * Fair * Financial planning (business) * Fishery * Harvest * BBA * Import * Laissez-faire * Manufacturing * Market (economics) * Marketing * Marketplace * Mass production * Master of Commerce * Merchandising * Roman commerce * Trade * International trade * Value (economics)

References

{{Authority control Category:Trade