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1 year ago

In three to five sentences, explain how trade helps the public get the goods and services it wants and needs.

Social Studies

1 answer:

timama [110]1 year ago

8 0

Trade advances consumer welfare, which is ultimately what matters most, as well as economic growth, productivity, and technical advancement. Particularly middle- and lower-income consumers profit from trade since it lowers prices and broadens the selection of products available to customers.

<h3>What is trade?</h3>

Transferring products and services from one person or institution to another includes trade, frequently in exchange for cash. A network or system that permits trading is referred to as a market by economists.

Bartering, or exchanging products and services directly for other commodities and services, was an early type of trade that took place before the invention of money. Nowadays, most trade agreements are reached using a medium of exchange, like money. As a result, selling or earning can be distinguished from buying.

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How did trade impact West African empires?

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Answer: How did trade impact West African empires?

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<h3>What brings about cardiac arrest?</h3>

When the heart unexpectedly and suddenly stops pumping, it enters cardiac arrest. Blood flow to the brain and other crucial organs is cut off if this occurs. Arrhythmias of a certain kind that stop the heart from pumping blood are the cause of cardiac arrests. A medical emergency is cardiac arrest.

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