Importance of Commerce
Commerce is important because of the following reasons:
1. It enhances the development of the local market.
2. It promotes the quick transfer of information.
3. It provides storage facilities.
4. It allows for the division of labour.
5. It facilitates the distribution and exchange of goods and services.
6. It provides job opportunities.
7. It generates revenue for the government through tourism, excise duties, and taxes.