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Define the following terms a. Consumption b. Economics c. Commerce d. Trade

      

Define the following terms
a. Consumption
b. Economics
c. Commerce
d. Trade

  

Answers


joseph

a. Consumption – this means using
b. Economics – this is the study of how human beings strive to satisfy their endless wants using the available scarce resources.
c. Commerce – this is the study of trade and aids to trade.
d. Trade – refer to the exchange of goods and services for other goods and services or for money.

joseph rimiru answered the question on November 18, 2017 at 18:27


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