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  2. Dictionary

    com·merce
    [ˈkämərs]
    noun
    commerce (noun)
    1. the activity of buying and selling, especially on a large scale:
      "the possible increase of commerce by a great railroad"
    2. dated
      social dealings between people:
      "outside the normal commerce of civilized life"
    Origin
    mid 16th century (in commerce): from French, or from Latin commercium ‘trade, trading’, from com- ‘together’ + mercium (from merx, merc- ‘merchandise’).
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  3. People also ask
    What is the difference between business and commerce?business may be an inclusive term but specifically designates the activities of those engaged in the purchase or sale of commodities or in related financial transactions. commerce and trade imply the exchange and transportation of commodities.
    What does Commerce mean in economics?Definition: Commerce refers to the well organized set up of large-scale interchange of products, service or something of value, for money or money’s worth, among the economic agents. It covers all the activities which directly or indirectly assist in the process of exchange. Basically, it is concerned with the distribution aspect of the business.
    What does Commerce mean today?Today, commerce commonly refers to the large-scale purchases and sales of goods and services. Commerce is a subset of business that focuses on the distribution of goods. Selling a single item is a transaction. All transactions are collectively called commerce.
    When did commerce start?Commerce began when prehistoric humans started exchanging goods and services for mutual benefit. Today, commerce commonly refers to the large-scale purchases and sales of goods and services. Commerce is a subset of business that focuses on the distribution of goods. Selling a single item is a transaction.
     
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