WORLD HISTORY

Detailed explanation-1: -Trade is buying and selling of goods and services between two individual or more than that. It is basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties.

Detailed explanation-2: -A modern economy includes the production, buying, and selling of all goods and services, including the people that work to make these activities happen.

Detailed explanation-3: -Defining commerce It typically involves buying and selling things of value. Commerce can take place between businesses, between consumers, or between businesses and consumers. Commerce involves an exchange of value and often generates a profit for one of the parties involved.