innovation
Luandry
mkllkghonimpkesg
Trade for goods and services typically involves the exchange of items or services between parties, often facilitated by currency as a medium of exchange. Historically, barter was the primary method, where individuals directly exchanged goods or services without monetary involvement. Over time, the introduction of money standardized trade, making it easier to value and transfer goods and services. This system allows for a more efficient allocation of resources and fosters economic growth.
Entrepreneurial Resources
Entrepreneurs are innovators. They come up with new ideas for products or services.
innovation
Luandry
mkllkghonimpkesg
factors affecting growth of markets : 1. the demand of different goods and services affects the growth of market..if ther e is a increase in demand of goods n services only then there will be an increase or expansion of market ..markets increase if there is a increasing demand for goods and services. to cope up with this increase the markets tend to grow. 2. Introduction of new goods and services in market also helps in growing the market. 3. also as the number of seller or we can also say the companies producing goods or offering services increase ..there will be automatically an increase in markets or we can say growth in market.
Trade for goods and services typically involves the exchange of items or services between parties, often facilitated by currency as a medium of exchange. Historically, barter was the primary method, where individuals directly exchanged goods or services without monetary involvement. Over time, the introduction of money standardized trade, making it easier to value and transfer goods and services. This system allows for a more efficient allocation of resources and fosters economic growth.
Hotels and restrants
It is the development of new or existing services. Services are in fact products. Goods and services are two types of product.
It is the development of new or existing services. Services are in fact products. Goods and services are two types of product.
BUSINESS:any and all of those activities connected with the production and exchange of goods and services and the financial affairs connected with there activities." by (Clark&Gottfried )
how
By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it.
consumer- Purchasing goods and services producers-Providing goods and services worker-Making goods and services