Significance of Trade and commerce
Trade and commerce encompass a variety of economic activities essential for societal development, as indicated by several ancient texts. Arthashastra defines it as the exchange of goods and services crucial for treasury growth. Kavya portrays it as an honorable profession contributing to societal acceptance, while Vyakarana emphasizes its role in the economy through buying and selling. Dharmashastra notes its significant impact on international dealings, demonstrating the multifaceted nature of trade and commerce throughout India's historical context.
Synonyms: Trade, Commerce, Business, Exchange, Transaction, Merchandising, Sales, Trafficking, Industry, Trading, Buying and selling
In Dutch: Handel en commercie; In Finnish: Kauppa ja kauppa; In Spanish: Comercio y comercio; In German: Handel und Gewerbe; In Malay: Perdagangan dan perdagangan; In Swedish: Handel och handel; In Portugese: Comércio e comércio; In Italian: Commercio e commercio; In Polish: Handel i gospodarka
The below excerpts are indicatory and do represent direct quotations or translations. It is your responsibility to fact check each reference.
Hindu concept of 'Trade and commerce'
Trade and commerce in Hinduism encompass the buying and selling of goods, vital for society's economy, celebrated professions, and royal regulation, reflecting both local and international exchange, notably flourishing during Candragupta-II's reign in Malwa.
From: Kamashastra Discourse (Life in Ancient India)
(1) Activities that became famous under Candragupta-II's conquests, contributing to prosperity in Malwa.[1]
From: Kathasaritsagara (the Ocean of Story)
(1) Honourable professions depicted in the stories, showing merchants' adventures and the societal acceptance of such roles.[2]
The concept of Trade and commerce in local and regional sources
Trade and commerce encompass the buying, selling, and exchanging of goods and services, significantly influencing migration patterns and enhancing economic prosperity, particularly within the Kutchi and Sindhi communities in the Sindh region.
From: Triveni Journal
(1) The activities involving the buying, selling, and exchanging of goods and services.[3] (2) The activities of buying, selling, and exchanging goods and services that drive the economy.[4]
The concept of Trade and commerce in scientific sources
Trade and commerce encompass the production, distribution, and sale of products like Sunthi, Gokshura, and Varuna, alongside the exchange of pricing and market dynamics related to these goods in both domestic and international markets.
From: Onderstepoort Journal of Veterinary Research
(1) This refers to the buying and selling of goods and services, and the outbreak of highly pathogenic notifiable avian influenza (HPNAI) can negatively affect trade and commerce.[5]
From: Religions Journal (MDPI)
(1) The fundamental aspect of The Treaty of Amity and Commerce, linked to Christian missions globally.[6]