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प्रश्न
Distinguish between:
Industry and Commerce.
उत्तर
Industry | Commerce |
1. Meaning: Industry is engaged in the production of goods and services. | Commerce looks after the distribution of goods and services. |
2. Location: Industries are located in the industrial belts which are usually away from residential areas. | Infect there is no particular location of commerce. It gives its services at any location. |
3. Utility: Industries create form utility. | Commerce creates a place, time, and possession utility. |
4. Resources: Industries require mainly machinery, materials, and manpower for production. | Commerce mainly works with the help of materials and manpower for production manpower. |
5. Capital Industries require huge capital. It mainly depends upon the size of the industry. | Activities of commerce comparatively require less capital. |
6. Conducted by: Manufacturers. | Traders or mercantile agents. |
7. Classification: Industries are divided into Primary, secondary and tertiary types. | Commerce is divided into trade and auxiliaries to trade. |
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संबंधित प्रश्न
Select the correct option and rewrite the sentence.
The actual buying and selling of goods is known as _______
Give one word/phrase/term.
Activities that remove all the difficulties in trade.
Give one word/phrase/term.
Name the business activity which is concerned with distribution of goods and services.
Give one word/phrase/term.
An occupation by which a person agrees to provide expert services for fees.
Find the odd one.
Find the odd one.
Complete the sentence.
Business is an _______ activity.
Complete the sentence.
The basic purpose of _________ is to earn profit;
Complete the sentence.
_________ is the link between wholesaler and customer.
Select the correct option.
Group A | Group B |
______________________ | Selling of goods and services to foreign customer |
Answer in one sentence.
What do you mean by wholesale trade?
Answer in one sentence.
What is the meaning of retail trade?
Answer in one sentence.
What do you mean by export trade?
Answer in one sentence.
What is meant by auxiliaries to trade?
Answer in one sentence.
What is the secondary industry?
Correct the underlined word and rewrite the sentence.
Industry creates place utility.
Answer in brief.
State any two types of industries.
Justify the following statement.
Wholesaler is a link between retailer and manufacturer.
Attempt the following.
Describe the scope of internal trade.