History of Commerce
Commerce has its origins from the very
start of communication in prehistoric times.
Trading was the main facility of prehistoric
people, who bartered what they had for goods
and services from each other. Later
was invented to represent these goods and
services. The basic need for currency is
obvious. For example, if a man who makes
pots for a living needs a new house, he
must hire someone to build it for him. But
he cannot make an equivalent number of pots
to equal this service done to him, and even
if he could the house builder might not
want the pots. Currency solved this problem
by allowing values to be assigned to things
so that goods and services can in a way
be effectively collected and stored for
later use, or split among several providers.
Today commerce involves a complex system
of companies that try to maximise their
profits by offering products and services
to the market, which consists both of individuals
and other companies.