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Understanding the Market — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market4 Marks
Question
Give the features of trade.
✓

Answer

  1. It is the nucleus of commerce.
  2. It facilitates the smooth and timely transmission of goods.
  3. It removes the hindrance of persons.
  4. It makes the goods available to the consumers.
  5. It facilitates the smooth and timely transmission of goods from the producers to the consumers.

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