Commerce:- Industries Specialization ( Focus on skills )
1. Aids to trade 1. Primary / extraction – It extract - High quality 2. Trade raw material - Machines 2. Secondary – It make finish goods - Productive 3. Aids to trade :- 3. Tertiary - Mass production - Transport - Insurance Tertiary:- Level:- - Communication - Direct services – One to one - Individual ( cookie maker ) - Advertisement - Commercial services – One to - Company ( mum bakery ) - Warehouse many - National ( Oil and gas ) - Banking - Regional ( Asean )
2. Trade :- Division of labour
- Selling and buying - Divide task to numbers of staff - Goods and services
Chain of production Primary – Secondary – Tertiary