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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 raw material is converted into finished product by ______ industry.
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Construction of dams is an activity done under ________ industry.
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Commerce is a branch of _______
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Activities that remove all the difficulties in trade.
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The type of industries that creates immovable wealth.
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The activity which provides mobility to men and material.
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Professionals, charge _______ in exchange of expert services.
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In ________ trade, goods are purchased and sold in bulk.
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| Group A | Group B |
| ______________________ | Link between producer and retailer |
Answer in one sentence.
What is an entrepot trade?
Answer in one sentence.
What is primary industry?
Explain the following term/concept.
Home Trade
Justify the following statement.
Transport creates place utility.
Justify the following statement.
Industrial activities take place before commerce starts its role.
Justify the following statement.
Available resources should be used to its maximum.
Justify the following statement.
Changing fashions is one of the important causes of business risk.
Attempt the following.
What are the different types of secondary industries?
Attempt the following.
Give a comparative analysis of business, profession, and employment.
