An association businessmen including manufacturers, traders, bankers and people engaged in business in an area is known as?
Answer Details
An association of businessmen including manufacturers, traders, bankers, and people engaged in business in an area is known as a Chamber of Commerce.
A Chamber of Commerce is a type of business organization that is formed by a group of businesspeople in a particular geographical area. The purpose of a Chamber of Commerce is to promote the interests of local businesses and to improve the economic climate in the area. Chambers of Commerce may provide a range of services to their members, including networking opportunities, advocacy on behalf of local businesses, and educational programs.
Chambers of Commerce may also work closely with local government agencies and other organizations to promote economic development in the area. They may be involved in activities such as attracting new businesses to the area, supporting local entrepreneurs, and advocating for policies that benefit local businesses.
Overall, Chambers of Commerce play an important role in supporting the growth and success of businesses in their local communities. They provide a platform for businesspeople to connect with each other, to promote their businesses, and to work together to achieve common goals.