M Phil Commerce

Commerce has been a constant part of history. As new methods of transportation developed, people were able to trade with people from distant places that they were previously unable to trade with.
The internet and an efficient postal system have made international commerce convenient for businesses as well as individuals. Commerce is an essential element of capitalism. In a capitalistic economy, an individual or company develops something of value for sale. Commerce allows this entity to profit from its trade and the more widespread commerce can be the more demand there is for goods and services