The development of commerce resulted from?

Assessment: JAMB UTME - Commerce - 2006 Subject: Commerce

Question 1 Report

The development of commerce resulted from?
Answer Details
The development of commerce resulted from trading. Commerce refers to the exchange of goods and services between people, businesses, and countries. Trading is the foundation of commerce as it involves the exchange of goods for other goods or money. As people and countries began to trade more frequently, commerce developed into a complex system of buying and selling. Competition, importation, and specialization are all factors that can affect commerce but are not the primary cause of its development.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning