Question

Distinguish between commerce and industry.

08 Sep 2023
Answer :
Word Count : 533

Commerce and industry are two distinct sectors of the economy that play different roles in the production and distribution of goods and services.

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Top
Aspect Commerce Industry
Definition Commerce refers to the exchange, trade, Industry involves the production or
  and distribution of goods and services manufacturing of goods and services on a
  through various channels, such as retail, larger scale, typically involving
  wholesale, and e-commerce. machinery and technology.
Nature of Activity