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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

State the main aim of trade. - Commerce

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Question

State the main aim of trade.

Short Note

Solution

The essence of trade is to make goods and services available to those persons who need them and are able and willing to pay for them. Trade is conducted in order to earn profit.

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Meaning of Trade
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Chapter 22: Types of Trade - Exercises [Page 221]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 22 Types of Trade
Exercises | Q III. 7. | Page 221
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