COMMERCE - Higher Secondary - First Year
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These flashcards cover key concepts in commerce, focusing on trade, banking, insurance, and consumerism.
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10 Terms
Untouchability
Considered a sin, crime, and inhuman practice that discriminates against certain groups.
Barter System
A trade system where goods are exchanged for other goods without using money.
Internal Trade
Trade carried out within the boundaries of a country.
International Trade
Trade between one country and another.
Transport
The means of moving goods from one place to another.
Warehousing
The storage of goods to manage supply and demand.
Banking
A financial institution that accepts deposits, provides loans, and manages financial transactions.
Insurance
A contract that provides protection against financial loss.
Advertisement
A message aimed at promoting the sale of products.
Consumerism
An organized movement advocating for consumer rights and interests.
Note 
Flashcards (87)