THE RELATIONSHIP BETWEEN INDUSTRY,
COMMERCE AND DIRECT SERVICES
Industry is highly interdependent (depending upon one
another) upon commercial activity and some direct services
to carry out its functions.
No country can produce all the goods and services it
requires for its general public; therefore, they are
interdependent on other countries.
Because of the availability of better aids to trade
mechanism, countries are now more interdependent.
Unless there is production, there would be no need for
commercial activity.
Hence industry, commercial activity and direct services are
heavily depending upon each other now.
The significance of this relationship between industry,
commercial activity and direct services has increased
because of better financial facilities, improved
transportation and high technology and communication.
COMMERCE AND DIRECT SERVICES
Industry is highly interdependent (depending upon one
another) upon commercial activity and some direct services
to carry out its functions.
No country can produce all the goods and services it
requires for its general public; therefore, they are
interdependent on other countries.
Because of the availability of better aids to trade
mechanism, countries are now more interdependent.
Unless there is production, there would be no need for
commercial activity.
Hence industry, commercial activity and direct services are
heavily depending upon each other now.
The significance of this relationship between industry,
commercial activity and direct services has increased
because of better financial facilities, improved
transportation and high technology and communication.
