Quiz on Trade and Commerce

What is trade?

• The buying and selling of goods and services

• The transportation of goods

• The management of money

• The advertising of products

What does commerce include?

• Only buying and selling

• Transportation, advertising, and banking

• Only transportation

• Only advertising

What is one example of trade?

• Transporting goods

• Buying clothes from a shop

• Managing money

• Advertising products

What role does transportation play in commerce?

• It helps manage money

• It helps move goods from one place to another

• It helps advertise products

• It helps sell goods

Why is advertising important in commerce?

• It lets people know about products

• It helps people manage their money

• It moves goods

• It sells products

What does banking help with in commerce?

• Advertising products

• Managing money

• Selling services

• Moving goods

How do trade and commerce benefit businesses?

• By allowing them to grow by selling more

• By making it harder to sell goods

• By reducing the number of products available

• By limiting their services

What would happen without trade and commerce?

• People would have easy access to products

• Advertising would be unnecessary

• It would be hard to access different products and services

• Businesses would grow faster

What is the main purpose of trade?

• To manage money

• To advertise products

• To exchange items people need or want

• To transport goods

Which of the following is NOT a part of commerce?

• Banking

• Buying goods

• Transportation

• Advertising