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You are here : AllRefer.com > Reference > Encyclopedia > Economics: Terms And Concepts > commerce, in economics
By Alphabet : Encyclopedia A-Z > C

commerce, in economics, Economics: Terms And Concepts

Related Category: Economics: Terms And Concepts

commerce, traffic in goods, usually thought of as trade between states or nations. Engaged in by all peoples from the earliest times, it has been carried on in some areas and by some peoples more than others, because of special geographical, technological, or economic advantages. The Egyptians, the Sumerians and later inhabitants of Mesopotamia, the Cretans, the Syrians, the Phoenicians, the Greeks, the Arabs, and the Western Europeans have excelled in commerce, tapping the resources of the East, Oceania, the Americas, and Africa.



The Columbia Electronic Encyclopedia Copyright © 2009, Columbia University Press.
Licensed from Columbia University Press. All rights reserved.



Topics that might be of interest to you:

chartered companies
corporation
European Union
General Agreement on Tariffs and Trade
Internet, the
International Monetary Fund
mercantilism
North American Free Trade Agreement
Southern Cone Common Market
transportation
World Trade Organization

Related Categories:

Social Sciences and the Law > Economics, Business, and Labor
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