Commerce
Commerce is the exchange of goods and services which often requires their transportation from one place to another, especially on a large scale. More specifically, commerce is the part of business which includes all activities, functions and institutions related to the movement and distribution of goods and services from the producers to the consumers on a large scale. Commerce not only includes trade, which is the actual transaction, exchange or transfer of goods and services, but also the auxiliary services and means which facilitate such trade. These auxiliary services include transportation, communication, warehousing, insurance, banking, financial markets, advertising, packaging, the services of commercial agents and agencies, etc. In other words, commerce encompasses a wide array of political, economical, technological, logistical, legal, regulatory, social and cultural aspects of trade on a large scale.
