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CBSE Class 10 Answered

why is trade so important?
Asked by preranamorajkar291 | 02 Oct, 2021, 10:36: AM
answered-by-expert Expert Answer

Trade is a backbone of any economy. People carried out trade to buy and sell variety of goods. It helps in exachanging of goods and services. Trade has been a part of economic development for centuries. Trade helps in creating job opportunities, reducing prices, increasing the variety of goods for consumers, and helping countries acquire new technologies. 

Answered by Social Science Expert | 04 Oct, 2021, 07:32: AM
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