USA HISTORY

JACKSONIAN DEMOCRACY 1825 1850

JACKSONIAN AMERICA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Business or trade ____
A
tariff
B
commerce
C
suffrage
D
regulate
Explanation: 

Detailed explanation-1: -Trade is selling and buying of goods and services between two or more parties in consideration of cash and cash equivalents. Commerce includes the exchange of goods and services along with activities viz. banking, insurance, advertising, transportation, warehousing, etc. to complement the exchange.

Detailed explanation-2: -Trade refers to buying and selling of goods and services with the objective of earning profit.

Detailed explanation-3: -Insurance, transport, warehousing and advertising are regarded ancillaries to trade. Hence, we can say that commerce includes activities relating to trade and ancillaries to trade.

There is 1 question to complete.