Concept of

Trade

Commercial premises

A store or commercial premises can be called a business.

The term commerce comes from the Latin concept commercĭum and refers to the transaction that is carried out with the objective of buying or selling a product . Commerce is also called commercial premises , business , pharmacy or store , and the social group made up of merchants .

For example: "My father is dedicated to selling fruits and vegetables in the wholesale market" , "They opened a clothing store right next to my house" , "Assault on a business in the Santa Catalina neighborhood: the police arrested three criminals .

Commerce as an activity

Trade, in other words, is a social and economic activity that involves the acquisition and transfer of goods . Whoever participates in an act of commerce can buy the product to make direct use of it, to resell it or to transform it.

In general, this commercial operation involves the delivery of one thing to receive, in return, another of similar value. The medium of exchange in commerce is usually money .

Barter, the preceding stage

However, it must be emphasized that until the appearance of money, what ancient civilizations did was carry out trade through what was called barter. This operation consisted of acquiring a specific product from a seller who was paid by giving him another product that he needed.

In this way we could emphasize that said commercial operation was fundamentally based on the exchange of essential products such as food.

e-commerce

Currently, commerce can be carried out virtually thanks to the Internet.

Routes for the development of trade

Likewise, and using History, it must also be said that what were called trade routes existed in the past. These were nothing more than various routes or itineraries that served as links between the areas where a certain product was produced and those that, however, demanded it.

Among the best-known trade routes we find, for example, the silk route that linked China with Europe; the New Spain Route that acted as a link between Asia and America with Europe; or the famous spice route that linked the old continent with places in Oceania, China and India.

Itineraries , all of them that on many occasions were the "culprit" of the discovery of new places and corners of the world and of promoting creation and innovation in areas such as science or technology. Some of the historical figures who have been fundamental in the development of these routes are Marco Polo or Vasco de Gama.

Retail and wholesale sales

Merchant is that person, whether legal or physical, who makes a living from commerce. Therefore, commercial activity constitutes their livelihood.

There are different types of commerce according to their characteristics. Retail trade (also known as retail trade ) takes place between the seller and the end consumer (the person who purchases the product to use or consume it).

In wholesale trade (or wholesale trade ), on the other hand, the buyer is not the one who consumes or uses the purchased product. Their intention is to be able to make a subsequent sale of the same product, at a higher price than the one paid.