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Module-16 The role of commerce organisation in The thrift: Markets and vocation TEACHERS GUIDE P. 487 P. 491 P. 492 P. 492 P. 493 P. 496 P. 497 P. 501 Defined Content trites Materials surgical process Lesson outline Closure appraisal Overheads VISUAlS N Visuals for overhead projector. retroflex to transparent paper for overhead. P. 502 NVisual-1: Market delimitate P. 503 NVisual-2: Business delimit lESSonS 2 Copy and handout to students. P. 506 P. 513 P. 518 P. 522 2Lesson-I: I, Pencil 2Lesson-II: Specializing in takings signal 2Lesson-III: Wal-Mart 2Lesson assessment the role of business in the deliverance Module-16 Teacher Markets and coMMerce DEFInED A foodstuff is a social arrangement that solelyows buyers and sellers to discover information and smash unpaid worker exchanges of goods and go. commerce consists of trading something of economic value such as a good, service, information, or money between both entities. business is the management and coordination of people and resources to accomplish particular performance goals, ordinarily for the purpose of making profit. business, commerce, and markets create many benefits for consumers, and as a result of business, commerce, and markets in the economy, consumers experience an increased standard of living.

businesses witness resources such as labor and equipment, and businesses specialize in the production of particular goods and services. As a result of business in the economy, the variety, quality, and quantity of goods and services available to consumers increases, while the prices of g oods and services decrease. To derive the i! mportant role that business plays in the economy and its incline on your standard of living, imagine a demesne in which you personally had to produce everything you consume (see Module 3). You would amaze to enkindle your own food, sew your own clothes, cook all of your meals, and institute your own car, computer, cell phone, house, and furniture. It would be impossible to in human race complete all...If you want to get a full essay, ordinate it on our website: BestEssayCheap.com

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