Q3 of 40 Page 1

Write the meaning of ‘Trading Centres’.

Trade can be defined as the buying and selling of commodities which are produced elsewhere. Profit is the main motive of conducting services in retail, wholesale or commerce. Trading centres are the places in towns and cities where these work take place. Trading centres have come up as a result of rise in trade from barter at the local level to money-exchange of international scale. The trading centres can be divided into rural and urban marketing centres.


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