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Commercial economy is defined as being the aspects of an economy that are related to the exchange of services, labor activities, and goods that have a definite monetary value. These areas are not related to activities such as childcare, housework, family care giving, or other such domestic services.
Wiki User
∙ 9y ago
Wiki User
∙ 8y agoCommercial capitalism is the investment of money into large batches of goods in order to make a profit on the market. Companies buy products at low cost and then sell the products for a higher price so they can make a profit.
Wiki User
∙ 14y agoA commercial economy is an environment where the output is more than needed to cosume in order to survive and also get an input.
Wiki User
∙ 8y agoOne based on trade.
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What do you mean by digital economy?
it is an economy based on electronic goods and services which produced by the electronic business and traded through the electronic commerce and also in internet and web
How commerce is important for economy?
Commerce is very important for economy and actually serves as the backbone. Commerce is the day to day trading activities in a region.
How has e-commerce impacted todays economy?
E-commerce has impacted today's economy by offering a more convenient way to do shopping
Define recession in the economy?
Recession means the period of reduction in trade and commerce in the economy.
What is a Industrial based economy?
an economy based on industry
What was the colonists' economy based on?
commerce, handcrafts and farming
Is Mexico's economy based on agriculture or industry?
It is neither. Mexico's economy is based on the services and commerce sector, which accounts for 69.5% of Mexico's national income and employs 58% of the labor force.
What do you mean by digital economy?
it is an economy based on electronic goods and services which produced by the electronic business and traded through the electronic commerce and also in internet and web
How commerce is important for economy?
Commerce is very important for economy and actually serves as the backbone. Commerce is the day to day trading activities in a region.
Why was the New Bedford Massachusetts important to the economy of the New England Colonies?
The economy of New England was based in trade and commerce. New Bedford was a port from which goods could be shipped and unloaded.
How has e-commerce impacted todays economy?
E-commerce has impacted today's economy by offering a more convenient way to do shopping
What is a sentence for commerce?
"Our nation's commerce has been taking some serious hits from the global economy."
Define recession in the economy?
Recession means the period of reduction in trade and commerce in the economy.
The economy of the Muslim community depended largely on what?
Commerce
What country has more of its economy from manufacturing and commerce?
Bangaladesh
What is a Industrial based economy?
an economy based on industry
Why was the economy of new England based on commerce?
APEX~ only a small part of the land was good for farming ;) The economy of New England was based on commerce because only a small part of the land was good for farming. New Englanders started to trade with the West Indies while developing fishing, small manufacturing, and shipbuilding.
