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What are the different elements or parts of traditional commerce?
Wiki User
∙ 13y ago
Buyer, Seller and Producer
Wiki User
∙ 13y ago
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Many rural parts of less developed countries have traditional economies?
True
What were the parts of the American system?
The parts of the American system were tariffs to protect and promote American industry; a national bank to foster commerce; and federal subsidies for roads, canals, and other "internal improvements"
What is an example of specialization of labor?
Three factory workers assemble different parts of a computer.
What is relationship between industry and commerce?
Business is divided into two categories: industry andcommerce. Commerce is again sub-divided into trade and aids to trade. Practically all of them are closely related to each other. They are inseparable. All of them are parts of the wholebusiness system.Industry and commerce are closely related to each other. Industry cannot exist withoutcommerce and commerce cannot exist without industry. Because every producer has to find his market for his products to sell. But the producer has no direct connection with the buyers or consumers. Hence, industry needs commerce. Commerce is concerned with the sale, transfer or exchange of goods and services. Hencecommerce needs industry for the production of goods and services. Commerce makes the necessary arrangement for linking between producers and ultimate consumers. It includes all those activities that are involved in buying, selling, transporting, banking, warehousing of goods, and insurance for safeguarding the goods.Trade includes sale, transfer or exchange of goods. It does not include other functions ofcommerce like transportation, insurance, banking, warehousing, etc. If there were notrade, the producers would have to find customers for their products. Therefore withouttrade there would be little need for commerce. Similarly trade without aids to trade is meaningless and they exist for trade.In conclusion, we can say that industry, trade and commerce are inter-related with each other. Industry is concerned with production of goods and services and commercearranges its sales; but the actual operation of sales is in the hands of trade. So they cannot work independently.
What type of situation is an example of specialization of labor?
Three factory workers assemble different parts of a computer.
Charts are made up of different parts or?
elements
Is iron an element?
"An iron" - as in a hot thing to flatten clothes - probably have several parts of quite different materials. Made items of different parts are not elements.
What do the elements of visual elements mean?
It means the parts that are visible in other words, the parts you can see. elements = parts visual = seen
Are elements heterogeneous or homogeneous Why?
Elements are inherently homogeneous, because they contain only one kind of atom and therefore can not have different chemical compositions in different parts of a sample of an element.
King Nebuchadnezzar dreamed about a figure that had different body parts made of different elements What were the legs made from?
The legs were made of iron.
What is a trichotomy?
Division into three parts or elements or a system based on three parts or elements.
What are the different parts of Photoshop?
The different parts of Adobe Photoshop CS3 include the magic wand, the toolbox, and the spot healing brush. Photoshop CS3 is used for editing photos and creating design elements.
What are the different parts of Photoshop CS3?
The different parts of Adobe Photoshop CS3 include the magic wand, the toolbox, and the spot healing brush. Photoshop CS3 is used for editing photos and creating design elements.
What is elements in photography?
Elements are the different parts of the composition of a photograph that fit together to make one outstounding image (white balance, apreture, shutter speed, and many more)
What are elements needed in the human body?
The human body is comprised of at least 60 different elements, with oxygen (65%), carbon (18%) and hydrogen (10%) constituting the biggest parts.
What is the major ingredient in table salt?
Table salt consists of two different elements in equal parts: sodium and chloride.
What do the term homogeneous and heterogeneous?
homogeneous:composed of parts or elements that are all of the same kind: a homogeneous population.heterogeneous: different in kind; unlike; incongruous.
