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  2. Dictionary

    com·merce
    [ˈkämərs]
    noun
    commerce (noun)
    1. the activity of buying and selling, especially on a large scale:
      "the possible increase of commerce by a great railroad"
    2. dated
      social dealings between people:
      "outside the normal commerce of civilized life"
    Origin
    mid 16th century (in commerce): from French, or from Latin commercium ‘trade, trading’, from com- ‘together’ + mercium (from merx, merc- ‘merchandise’).
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  3. People also ask
    What does Commerce mean today?Today, commerce commonly refers to the large-scale purchases and sales of goods and services. Commerce is a subset of business that focuses on the distribution of goods. Selling a single item is a transaction. All transactions are collectively called commerce.
    What does Commerce mean in economics?Definition: Commerce refers to the well organized set up of large-scale interchange of products, service or something of value, for money or money’s worth, among the economic agents. It covers all the activities which directly or indirectly assist in the process of exchange. Basically, it is concerned with the distribution aspect of the business.
    What is the difference between trade and commerce?Commerce is different from trade as well. Trade is the transaction (buying and selling) of goods and services that makes a profit for the seller and satisfies the want or need of the buyer. When trade is carried out within a country, it is called home or domestic trade, which can be wholesale or retail.
    en.wikipedia.org
    When did commerce start?Commerce began when prehistoric humans started exchanging goods and services for mutual benefit. Today, commerce commonly refers to the large-scale purchases and sales of goods and services.
     
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