SS 1 Commerce (1st, 2nd & 3rd Term)

Occupation can be defined as any job that is legal in which people are engaged in order to earn a living. CLASSIFICATION OF OCCUPATIONS Occupations are classified into six major divisions namely: Extractive Occupation Manufacturing Occupation Constructive Occupation Commercial Occupation Direct Services Indirect Services   EXTRACTIVE OCCUPATION: This involves all kinds of works concerned with […]

DEFINITION OF COMMERCE Commerce is the study of production, distribution and exchange of goods and services aimed at satisfying human wants and in order to earn a living.   THE IMPORTANCE (FUNCTIONS) OF COMMERCE It provides employment opportunities for the people. It makes production and exchange of goods and services possible. It improves the standard