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Commerce is the trading of something of economic value such as goods, services, information or money between two or more entities. Commerce is the central mechanism which drives capitalism and other economic systems. Commercialization is the process of transforming something into a product, service or activity which may be used in commerce.
History
Commerce has its origins from the very start of communication in prehistoric times. Trading was the main facility of prehistoric people, who bartered what they had for goods and services from each other. Peter Watson dates the history of long-distance commerce from circa 150,000 years ago. Introduction.
Later, currency was introduced as a standardized money to facilitate a wider exchange of goods and services. Numismatists have collections of these monies which include coins from the earliest large-scale societies, although these were initially unmarked lumps of precious metalGold was an especially common form of early money, as described in Origins of Money and of Banking . The major advantage to commerce of circulating a standardized currency is that money overcomes the "Double coincidence of wants" necessary for barter trades to occur. For example, if a man who makes pots for a living needs a new house, he must hire someone to build it for him. But he cannot make an equivalent number of pots to equal this service done to him, and even if he could the house builder might not want the pots. Currency solved this problem by allowing values to be assigned to things so that goods and services can in a way be effectively collected and stored for later use, or split among several providers.
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Techniques and Styles :: Photography
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vente_privee (vente_privee) Sat, 07 Nov 2009 07:51:26 -0000
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arong33 (aron) Sat, 07 Nov 2009 07:48:21 -0000
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MarryMaximum (Marry Jones) Sat, 07 Nov 2009 07:45:14 -0000
http://bit.ly/P1jol Search to Learn E Commerce, SEO, SEM, Media and More! Learn Online
Pet baubles proving very popular with the folks at the chamber of commerce !! http://bit.ly/2sIuzM
HFCDavid (Heron Fine China) Sat, 07 Nov 2009 07:39:59 -0000
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Harcum College partners with ML Chamber of Commerce and Chesco Economic Development Council (Main Line Suburban Life... http://bit.ly/2cBaFv
EconDevelopment (EconDevelopment) Sat, 07 Nov 2009 07:39:44 -0000
Harcum College partners with ML Chamber of Commerce and Chesco Economic Development Council (Main Line Suburban Life... http://bit.ly/2cBaFv
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The Storm Shop - Offers stormchasing books, photos, and videos (including the Skywarn training series)
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Torando Alley Tour - Storm chasing tours in tornado alley.
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