"Commercial activities include trade and aids to trade" explain.

By Saksham -
Aids to trade includes Transport, Communication, Warehousing, Banking, Insurance, Advertising, Salesmanship, Mercantile agents, Trade promotion organizations in a country and Global organizations for international trade. These important auxiliaries ensure a smooth flow of goods from producers to the consumers

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Explain the nature of commercial activities.

By Saksham -
1.Economic motive=Economic activity or undertaken to earn money and acquire wealth. The main motive behind this activity is to make an economic gain. These activities are performed by human being for earning livelihood. 2.Productive=Economic activities involved production,distribution and exchange of goods and services for satisfying human wants. These activities are directly related to the creation of wealth. 3.Economic resources=Economic activities make use of economic resources such as land,labour,capital,etc. 4.Economic Growth=Economic activities determine the level of economic development of a country and the standard of living of its citizen. 5.Socially desirable=Economic activities are desirable for society.They must be in accordance with the expectation and norms of society.
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