Commerce

Commerce

Commerce is the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any country. Thus, commerce is a system or an environment that affects the business prospects of an economy or a nation-state. We can also define it as a second component of business which includes all activities, functions and institutions involved in transferring goods from producers to consumer.

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Famous quotes containing the word commerce:

    I leave you, home,
    when I’m ripped from the doorstep
    by commerce or fate. Then I submit
    to the awful subway of the world....
    Anne Sexton (1928–1974)

    The lessons taught in great books are misleading. The commerce in life is rarely so simple and never so just.
    Anita Brookner (b. 1938)

    The Great Society is a place where every child can find knowledge to enrich his mind and to enlarge his talents.... It is a place where the city of man serves not only the needs of the body and the demands of commerce but the desire for beauty and the hunger for community.... It is a place where men are more concerned with the quality of their goals than the quantity of their goods.
    Lyndon Baines Johnson (1908–1973)