Difference between revisions of "Trade"
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'''Trade''' in its simplest form is the exchange of [[goods]] and [[services]] between peoples. | '''Trade''' in its simplest form is the exchange of [[goods]] and [[services]] between peoples. | ||
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| + | Trade is vital characteristic that separates the [[human]] species from the [[animal]] world. [[Human being]]s are dependent upon other human beings for their survival. Very few, if any, human beings provide their own need for [[food]], housing, and clothing without trading with other human beings. | ||
[[Economists]] would extend the definition to include the act of [[importing]] and [[exporting]]. And calculate trade figures by the quantity or value of exports and/or imports. | [[Economists]] would extend the definition to include the act of [[importing]] and [[exporting]]. And calculate trade figures by the quantity or value of exports and/or imports. | ||
Revision as of 12:59, June 23, 2024
Trade in its simplest form is the exchange of goods and services between peoples.
Trade is vital characteristic that separates the human species from the animal world. Human beings are dependent upon other human beings for their survival. Very few, if any, human beings provide their own need for food, housing, and clothing without trading with other human beings.
Economists would extend the definition to include the act of importing and exporting. And calculate trade figures by the quantity or value of exports and/or imports.