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The role of commerce to satisfying human wants is to drive the capitalism and distribution of goods and services to consumers. Commerce is the entire process from production to consumption.

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What are the roles of commerce in satisfying human wants?

what are the role of commerce in satisfying human wants


what is the role of commerce in satisfying human needs and wants?

Commerce is essential in addressing human needs and wants as it drives economic activity and enables the efficient allocation of resources. Through commerce, individuals can access essential goods such as food, clothing, and shelter, as well as luxury items that enhance their quality of life. Additionally, commerce fosters competition and innovation, leading to the development of new products and services that better meet the evolving needs and wants of consumers.


How do commercial activities assist the human wants?

Commercial activities facilitate the satisfaction of human wants by providing goods and services that meet consumers' needs and desires. They create a marketplace where businesses can respond to consumer demand, driving innovation and variety. Additionally, these activities enhance accessibility, as they distribute products and services widely, making them available to a larger audience. Overall, commerce plays a crucial role in improving quality of life by fulfilling diverse human wants.


What is the main role of commerce in production?

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What is the role of e-commerce in marketing communication?

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